Chad Brand is absolutely right about the merger of Microsoft and Yahoo. Yahoo has been offered a 60% premium for their shares and there is no other offer to be found. Yahoo can flop around a little while longer but this fish has already been pulled out of the water.
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In the early 80's, Jack was nicknamed T-Bond because he used leverage to buy as many 14% T-Bonds as he could. By the mid 80's he bought all the stock he could and, by the late 80's, he and his wife Marilyn invested their profits into 25 beautiful resort condos at Myrtle Beach. The question for smart investors still remains: Stocks, Bonds or Real Estate?
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