Investing Where You Cannot Lose - #3960
Friday, March 15, 2002
It seems as if almost no one could foresee the impending collapse of energy giant, Enron. People continued to invest in Enron right up to the announcement of their financial crisis. Many of their employees have been seriously hurt by the possible loss of their retirement funds they had invested in the company. Many outside investors have lost everything they invested. One news report indicated that virtually all investment analysts were recommending investing in Enron almost to the end. The scope of the financial disaster may be unfolding for years. Who could have guessed that this seemingly rock-solid investment could turn out to be worth nothing in the end?