Thursday, April 14, 2011

NYT Was a Bad Choice
"Milk was a bad choice." Ron Burgandy
This post highlighting Tom Friedman of the New York Times touting Amazon.com as a bad investment choice back in 1999 is amusing on many levels.

I'd like to point out that a share of NYT stock on April 13, 1999 was going for $29.94. On April 13, 2011 that stock was selling for $9.16. Talk about bad investment choices.

No comments:

Post a Comment