Customer Quote by Burton G. Malkiel
““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.””
About This Quote
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.
Consider the absurdity of the comparison.
Themes
Mood
Type
When to use this quote
- financial advice
- investment strategy
- personal finance
- risk assessment
Key Concepts
Questions to Reflect On
- Do you see the underlying critique of market speculation?
- How does humor affect financial decision‑making?
The advice is facetious and not a serious recommendation.