Savings Experiment: Snow Removal
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
A graph from the May 2008 issue of Harvard Business Review tells a story about the dumbing down of the global economy.
From an article, Rebuilding the R&D Engine in Big Pharma [subscription required] the graph shows the total shareholder returns for various industries in two time periods: from 1985 to 2000 and from 2001 to 2007. Here are three of the leading sectors from 1985 to 2000 (average annual shareholder returns are in parentheses):
- Pharmaceuticals (20.0%)
- Financials (18.8%)
- IT (17.4%)
Between 2001 and 2007, three of the leading sectors were:
- Energy (15.2%)
- Materials (14.3%)
- Financials (7.0%)
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
