The Stingy News Weekly (10/08/01)
The Markets This Week
DOW 30: 9,067.94 +2.39% to a P/E of 23.2
TSE 300: 6,894.24 +0.81% with a negative P/E
The Value View
Dow at a P/E of 20: 7,817 (-13.8%) Poor Value
Dow at a P/E of 15: 5,863 (-35.3%) Fair Value
Dow at a P/E of 10: 3,909 (-56.9%) Good Value
Memo from Mr.Buffett
Warren estimates that Berkshire will lose about $2.2 billion due to the events in New York and states that the U.S. is probably in what will be a serious recession. A sobering message.
How America went for broke
Faith in the stock market is soundly thrashed in this article that forecasts gloom and doom.
Intel unleashes its inner Attila
Intel takes the war to AMD with price cuts and strong arm tactics only Microsoft could love.
Templeton paints a bearish picture
Sir John paints a sobering view of where the markets are today and what is likely to happen tomorrow.
Retirees caught short by stocks return to work
The real meaning of risk hits home as some retirees are forced back to work due to the evaporation of their stock portfolios.
Hiring an advisor
The Motley Fools have posted a useful guide to finding a financial advisor. It covers many of the basics for those who are just starting out or those who want better advice.
Income bonds face collapse
The world of high finance hits some bond investors hard as derivative contracts devour capital.
The trivia questions this week are:
The answers for last week's trivia questions are:
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