Crimson Red Sports

Around Campus => Reese Phifer Hall => Topic started by: WALL-E on January 09, 2013, 03:25:04 PM



Title: "Why Wall Street loves the Crimson Tide"
Post by: WALL-E on January 09, 2013, 03:25:04 PM
Why Wall Street loves the Crimson Tide
(http://media.al.com/live/photo/ax092-6fa3-9jpg-8bf7261f19cb956b.jpg)Alabama head coach Nick Saban holds up the championship trophy after the BCS National Championship college football game against Notre Dame Monday, Jan. 7, 2013, in Miami. Alabama won 42-14. (AP Photo/Chris O'Meara)There's no doubt that the University of...

Read more...


Title: Re: "Why Wall Street loves the Crimson Tide"
Post by: BAMAWV on January 10, 2013, 06:56:35 AM
Quote
In the 14 previous years when Alabama reigned as national champion, the Dow Jones Industrial Average gained an average 1.95 percent, according to the New York-based Bespoke Investment Group.

More recently, after the Crimson Tide's last five championships, the market rose every year and returned an average gain of 10.32 percent, according to Bespoke.