Beware Of Low Frequency Data (3)

Historical Stock PricesThe recent volatility in the stock market has come as shock to many investors, however, looking at historical data, we shouldn’t really be all that surprised. As for Vivian’s point about compensation, I agreed with her that some of the stock issuances may have been to cover management compensation (and it is impossible to tell how much since that is not publicly disclosed) but I do report the net cash yield (net of all stock issuances). HOWEVER, this does not account for the fact that many companies dilute when compensating with stock. And if a company issues enough shares to its employees to overwhelm its buybacks and cause dilution, its net cash yield will reflect it since stock issuances will exceed stock buybacks. That’s when those dividends you speak of will really shine over the more risky stock funds.

Medium sized companies which do not necessarily have a history of consistent earnings however, have more growth potential verses Big Cap Stocks. I think my hub was more of a ‘heads up’ if you will for those who really don’t follow the stock market and if indeed we do see a moderate to significant correction and they happen to read this hub, maybe it won’t come as a complete ‘shock’ or surprise. Later versions of Ken (stock #750) had painted hair because the fuzzy, flocked materials dissolved in water.

Positive Economics: English Classical View – Arguments in favor of positive economics – Normative Economics: German Historical View – Arguments in favor of normative economics. In 1961, along with manufacturing the Ponytail models, Mattel introduced Barbie with a short, bouffant hairdo called the bubblecut” (stock #850). The doll (with the same stock number as the Ponytails) was sold wearing a red or blue jersey-type swimsuit with pearl earrings. Fashion Queen (stock #870) was introduced in 1963; this Barbie doll had plastic, molded hair and three hairpieces that came on a plastic wig-stand.

Tutti (stock #3350), with a completely rubber body that could be posed in many positions, was 6 ¼ inches tall; her brother Todd (stock #3590) was the same type and size. Miss Barbie (stock #1060) was a sleep-eyed doll with bendable legs and a molded, plastic hairstyle. American Girl Barbie dolls (stock #1070) were sold in swimsuits that had striped bodices and aqua-turquoise jersey bottoms.

The doll had real eyelashes and came in a straight-legged version (stock #1140) and one with bendable legs (stock #1130). The first celebrity” doll was the blonde-haired Twiggy (stock #1185), London’s Top Teen Model.” Both Casey and Twiggy had Francie-like bodies and were released in 1967. In 1969, Julia (stock #1127), based on the television show starring Diahann Carroll, hit the toy stores. Also in 1969; Truly Scrumptious (stock #1107/1108) was based on the lead character from the film, Chitty Chitty Bang Bang.Historical Stock Prices

Historical Stock Prices