Lotteries in Perspective
Fool's School
The lottery can offer harmless fun — or financial ruin. As Brigham Young University math professor Tyler Jarvis once pointed out: "The chances of winning the California Lotto Jackpot are approximately one in 18 million. Full Story
Name That Company
I was founded in 1868 on a salt dome island in Louisiana by a guy who made a sauce out of peppers from Mexico or Central America and French wine vinegar. Legend has it that he first packaged the ?product in used perfume bottles. In 1892, he founded a bird colony on the island to protect egrets that were being killed for their decorative feathers. Full Story
Applied Materials The Motley Fool Take
Shares of semiconductor equipment-maker Applied Materials (Nasdaq: AMAT) have been bouncing around lately, even after the company delivered some good news. At the headline level, you'd be hard-pressed to call the company's fiscal 2008 anything but a poor performance. Sales plummeted 16 percent for the year. Full Story
Broker and Broker
My Dumbest Investment
In 1984, my wife and I had saved $15,000 and wanted to invest. At a big brokerage, we were mighty impressed with our broker's three-piece suit and the photo on his desk of his loving wife and children. He convinced us to invest $5,000 in a limited real estate partnership, $5,000 in a gas and oil company, and $5,000 in his company's aggressive-growth mutual fund. Full Story
Last week's trivia answer
I trace my roots back to a British soapmaker in the 1890s. Today I'm a global food and hygiene leader. I'm the world's largest ice cream maker, with U.S. brands that include Ben & Jerry's and Breyers. Full Story
The Forced Selling Snowball
Ask the Fool
Q What's "forced selling"? — T.W., Panama City, Fla. A You'll hear about forced selling these days because the many big drops in the stock market that we've seen recently suggest that it's going on. Plus, once it starts, it tends to snowball. Full Story
What Is This Thing Called The Motley Fool?
Remember Shakespeare? Remember "As You Like It"? In Elizabethan days, Fools were theonly people who could get away with telling the truth to the King or Queen. The Motley Fool tells the truth about investing, and hopes y ou'll laugh all the way to the bank. Full Story
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