Talk:Beardstown Ladies

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The Beardstown Ladies claimed that their stock picks gave them a 23.9 percent return from 1985-1995, when their first book came out. This was better than the 14.9 percent return of the S&P index. However, they made a mistake in their calculations and were including the investment club dues in their profits. The true investment return was 9.1 percent.

Source: A Random Walk Down Wall Street, Burton G. Malkiel

I've incorporated this information into the article. Thank you for calling it to my attention. -Colin Kimbrell 20:13, 5 January 2006 (UTC)