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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: David Zgodzinski who wrote (166567)5/17/2002 10:23:28 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<but stocks are an inflation hedge because companies can raise prices for their products, so shareholders benefit.>>

I understand the argument, but I believe the last part is supposed to read "so shareholders benefit when the companies pass on the benefits (of raised prices) to them in the form of higher dividends". Unfortunately, that last part is lost on all the New Era CEO's and BOD's out there...<NG>
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