They've been here before, so it's kind of old hat for them. It's just another golf tournament, but there's a little more on the line because there is that carrot of going to the state tournament in front of them.
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There are certain families in the world that just get an inordinate amount of tragedy. That's just what happened here.Steve Chandler
And, ... the taxes are generally only due on dividends - and most investors buy the stock for growth, not for dividend returns.
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They both stepped in as sophomores and maybe they can help the program continue going like it's going. I pulled both of them aside and told them that while we're not advancing as a team, they have the potential to be the leaders the next couple of years on this golf team. We really want them to make sure they do that.
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In the second case, ... we look at German electronics company Siemens AG. Here, the ask price for the ORD is 155.00. The ask price for the ADR is 154.00, meaning the ADR is 1 per share less versus ORD. That equates to 0.6 percent less for the ADR.
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There are innumerable studies out there that indicate that portfolios with an international component often outperform the general market. So the strategy can reduce risk, specifically, the risk of having all monies tied up in a single country.
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