Any plans for MORE expansions for Southwest??
MONEY Magazine had Ned Davis Research compile a list of the 30 best-performing stocks since 1972.
Southwest Airlines came out on top as the No. 1 performer. Since August 1972, Southwest has produced annualized returns of 25.99 percent, which means that had you invested $10,000 in the Company 30 years ago, your stake would be worth a little over $10.2 million today.
"When you think about it, it is absolutely remarkable that Southwest could come out No. 1 despite being in probably the worst industry in America," says Jeremy Siegal, Wharton finance professor and author of "Stocks for the Long Run." "What it tells me and what it should tell your readers is just how valuable a good CEO with good strategies can be."
[ December 14, 2002 06:18 PM: Message edited 1 time, lastly by FlyingTexan ]
MONEY Magazine had Ned Davis Research compile a list of the 30 best-performing stocks since 1972.
Southwest Airlines came out on top as the No. 1 performer. Since August 1972, Southwest has produced annualized returns of 25.99 percent, which means that had you invested $10,000 in the Company 30 years ago, your stake would be worth a little over $10.2 million today.
"When you think about it, it is absolutely remarkable that Southwest could come out No. 1 despite being in probably the worst industry in America," says Jeremy Siegal, Wharton finance professor and author of "Stocks for the Long Run." "What it tells me and what it should tell your readers is just how valuable a good CEO with good strategies can be."
[ December 14, 2002 06:18 PM: Message edited 1 time, lastly by FlyingTexan ]
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