Wednesday, September 16, 2009

Don't try this at home

If you ever hear that I'm going to Las Vegas, the best advice is to not give me money to gamble for you. Despite knowing the basic strategy of playing blackjack (my favorite Vegas table game) I tend to be the cooler at the table. I sit down and I lose money.

So when it came to picking stocks for this project I went about it the way I do with my money, conservatively. I selected Apple, Viacom, Netflix, and Disney. All have seen steady growth over the last two years and no one took a big dive when the economy took a dive last year. Each company has something to offer in the new media world and each one continues to develope new products to meet the demands of a changing market. My conservative approach also meant picking companies that are well known and have staying power. More to come tomorrow in class....

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