Tuesday, August 7, 2007

Not putting my money where my mouth is



Two months ago yesterday, I had some extra money in my Roth IRA account and decided to invest in a restaurant. I was trying to decide between Panera and Chipotle and chose the former. In the time since, the Panera Bread Company dropped about 14% while Chipotle Mexican Grill soared 18%. If you were to look at a chart comparing the movement of the two stocks, it looks almost like they have a negative one correlation with one another.


The next time I invest in a restaurant, I will remember to listen to my stomach first.

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