Newspaper executives underperform random chance

October 29th, 2002 Comments Off

MIN’s spin is that major media (newspaper) companies have done pretty well since the market bottomed out in 1987, gaining 230% in 15 years.
But on the same chart shows that the Dow gained 379% in the same period, showing that a chimp with a pellet gun could have invested his money more wisely than the executives of the top newspaper companies.

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