If you are a fan of human history the impression you get of our progress over the years is a relentless march forward. We evolved on the plains of Africa as small and weak primates with very little to distinguish us from other animals. Deep time and the relentless random pressure of evolution changed that…
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IN THESE UNCERTAIN economic times, we’d all like a guaranteed investment. Here’s one: it pays a 24-cent dividend every four weeks for 60 weeks, 15 dividends in all. Then it disappears. Unlike a bond, this security has no redemption value. It simply provides guaranteed dividends. It involves no tricky derivatives or unknown risks. And it…
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