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Internet Message Format  |  1992-11-18  |  830 b 
  1. Path: sparky!uunet!sun-barr!olivea!sgigate!sgi!fido!zola!rwb.esd.sgi.com!blean
  2. From: blean@rwb.esd.sgi.com (Bob Blean)
  3. Newsgroups: misc.invest
  4. Subject: Re: 10 Highest Yielding Dow Stocks
  5. Message-ID: <sgta620@zola.esd.sgi.com>
  6. Date: 18 Nov 92 11:07:56 GMT
  7. References: <1992Nov17.020028.1483@murdoch.acc.Virginia.EDU> <1992Nov17.141231.37536@watson.ibm.com> <1ecbv6INN27d@news.aero.org>
  8. Sender: news@zola.esd.sgi.com (Net News)
  9. Distribution: usa
  10. Organization: Silicon Graphics
  11. Lines: 7
  12.  
  13. Note, by the way, that there is a well-known book out that advocates
  14. buying the highest yielding Dow stocks.  It adjusts its portfolio once
  15. per year.
  16.  
  17. Naturally, it claims superior returns.  When I looked closely at their
  18. figures, and added in an adjustment for annual taxes (since they trade once
  19. a year), their returns became rather ordinary.
  20.