If you had purchased $1,000 of Nortel stock one year ago, it would be worth $49.00.
With Enron, you would have less than $11.00 of the original $1,000.
With Worldcom, you would have less than $5.00.
But, if you purchased $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for recycling, you would have $214.00
Based on the above, current investment advice is to drink heavily and recycle. It's called the 401-Keg Plan.
A priest was walking down the sidewalk and saw a young boy pouring a liquid back and forth between two glasses. When he asked the boy what he was playing with, the boy told him that it was sulfuric acid. Horrified the priest took our his Holy water and offered to exchange with the boy.
When the boy said no, the priest tried to convince the boy that the holy water was better by telling him he had just put some of his Holy water on the tummy of a woman and she had passed a baby. The boy said, "That's nothing, I accidentally dropped some of this on the tail of a cat and he passed a bus."