Like DUH!
They call this news? (Note to self: Stop reading MSNBC)
“For companies in the disaster business, 2005 was a very good year. And if preseason predictions are correct, it could be the first in a series of profitable years for a rapidly growing industry that encompasses engineering firms, debris haulers and logistical specialists who rush in whenever disaster strikes… ”
Well, damn, I guess that means all of us saavy investors should run out an invest! Unless, of course, Mr. Bush is trying to engineer the End Times/Apocolypse, in which case I should invest heavily in top shelf cognac and tequila for the Last Big Party.
Comment by Mark Folse — May 31, 2006 @ 5:11 pm
Smart financial analysts would say “diversify”. That is, purchase some Shaw Group Stock AND some cognac.
Btw, I wrote an unserious post in September advising people to invest their Fema money in Shaw Group stock. (Of course, I forgot to advise them to sell in Feb when the stock peaked).
Comment by oyster — June 1, 2006 @ 1:07 pm