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Tip of the Week If you bought $1,000 worth of Nortel stock…

“Tip of the Week If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the nickel deposit, you would have $79. My advice to you…start drinking…” quote by Burton G. Malkiel
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““Tip of the Week If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the nickel deposit, you would have $79. My advice to you…start drinking heavily.””

Burton G. Malkiel

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A humorous analogy comparing stock investment returns to drinking beer, suggesting that heavy drinking would be more profitable than the stock.

In simple terms: Drinking beer yields higher returns than the stock.

Key Takeaway

Consider the absurdity of the comparison.

Themes

finance humor risk

Mood

witty critical

Type

satirical financial

When to use this quote

  • financial advice
  • investment strategy
  • personal finance
  • risk assessment

Key Concepts

investment analysis behavioral economics satire

Questions to Reflect On

  • Do you see the underlying critique of market speculation?
  • How does humor affect financial decision‑making?
A Different Perspective

The advice is facetious and not a serious recommendation.

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