16 January 2009

Pho takes over

Your stock is rising number two

PHO is an index fund of water companies. Which is amusing. I think I'd rather buy lots of phở (mmm...phở) but everybody has these wacky theories on investing in the market. Water seems like a perfectly logical bubble to emerge next on the scene, if one believes that there must be a logical premise to a bubble market.

I was also amused by the happiness index (they apparently track everything now days). It's not surprising that say, Thanksgiving, Christmas, or Independence Day top the list. I'm more curious at how someone arrived at the 3rd Monday in January being the typical bottom dweller by mathematical analysis (last year it was Dec 11th, but whatever). Here's to Martin Luther King day!

No comments: