Monday, October 13, 2008

Alternative Investment Strategies



I just returned from UNC Chapel Hill, on a visit to the College Sport Research Institute, run by Dr. Richard Southall. The institute is one of the leading think tanks on college sport, and it was an honor to be invited. I loved the campus and the students, and I love Carolina blue. The trip was both relaxing and educational, for it gave me a chance to clear my head and relax a little bit. Most of my trips are a bit hectic.

My student sent this to me in email the other day. I thought you'd get a kick out of it:

If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today.


But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for a recycling refund, you would have received a $214.00 refund. Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.

A recent study found that the average American walks about 900 miles a year. Another study found that Americans drink, on average, 22 gallons of alcohol a year. That means that, on average, Americans get about 41 miles to the gallon! Makes you proud to be an American!

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