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Strategies & Market Trends : Picks of the quarter
ATHR 6.500+4.8%Dec 5 9:30 AM EST

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To: steve harris who wrote (1456)9/21/2006 12:31:02 AM
From: George Statham  Read Replies (2) of 20435
 
If a mutual fund gains 100% one year and loses 50% the next, it has a 25% per year gain, right?

My usual example is:

When you drive 2 miles and average 30 MPH for the first mile, how fast do you have to travel the 2nd mile to average 60 MPH for the 2 mile trip?

yep, it's a bytch.

George
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