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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: sea_biscuit who wrote (2003)11/6/1997 12:11:00 PM
From: Kirk ©  Read Replies (2) of 42834
 
RE: One possible explanation is that a few of the investors heard "total" return and gave an answer like 200%. Most others heard "annual" return and gave an answer like 12%. The above scenario is consistant with the average = 34%, while the median was only 15%.

Where is this information available? Again, I find it hard to believe that 12% to 15% is what the average investor expects!
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My UNDERSTANDING is that the Wall Street Journal questioned the results of the Montgomery Survey, thought the survey was poorly worded and did one of their own and then there was specualtion about what people really thought with the Montgomery Survey.

Does anyone have a subscription to WS Journal Interactive? You could do a search and report back....

Kirk out
pw2.netcom.com
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