I'll Drink To That
Andy Roth at Club for Growth points out that Anheuser Busch (BUD) stock is up by 30% over the last six months, while the Dow Jones average is down by 30% (see chart above, click to enlarge). CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, October 10, 2008
Andy Roth at Club for Growth points out that Anheuser Busch (BUD) stock is up by 30% over the last six months, while the Dow Jones average is down by 30% (see chart above, click to enlarge). About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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4 Comments:
beer: a normal and inferior good.
investors taking your advice?
Not really a valid comparison given that Inbev is buying BUD for $70 a share in cash. A better comparison would be Diageo (DEO). DEO is doing better than the index but not that much better. In either case you would have been better off buying beer and putting in the fridge, you wouldn't have any less beer today at least...
"mmmm....beer."
-Homer.
(typed on my treo while drinking a beer at Garrett's in DC)
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