Adventures in efficient markets

Enrique Diaz-Alvarez enrique at anise.ee.cornell.edu
Thu Dec 16 08:58:54 PST 1999


Doug Henwood wrote:


> Enrique Diaz-Alvarez quoted:
>
> >"In all, investors will likely pay $77 billion this year in commissions
> >and dealer spreads buying S&P 500 companies that will collectively
> >generate between $200 billion and $300 billion in net income for them."
>
> Who wrote this?
>
> Doug

Timothy Vick, editor of Today's Value Investor. I don't subscribe to the newsletter, but his commentary isd available free of charge at

http://www.tvinvestor.com/commentaries/oct8.htm

-- Enrique Diaz-Alvarez Office # (607) 255 5034 Electrical Engineering Home # (607) 272 4808 112 Phillips Hall Fax # (607) 255 4565 Cornell University mailto:enrique at ee.cornell.edu Ithaca, NY 14853 http://peta.ee.cornell.edu/~enrique

-------------- next part -------------- An HTML attachment was scrubbed... URL: <../attachments/19991216/57ead6ea/attachment.htm>



More information about the lbo-talk mailing list