Friday, October 10, 2008

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).

4 Comments:

At 10/10/2008 4:30 PM, Blogger Shawn said...

beer: a normal and inferior good.

 
At 10/10/2008 4:34 PM, Anonymous rvturnage said...

investors taking your advice?

 
At 10/11/2008 1:56 AM, Blogger Paul said...

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...

 
At 10/11/2008 5:36 PM, Blogger Shawn said...

"mmmm....beer."

-Homer.

(typed on my treo while drinking a beer at Garrett's in DC)

 

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