Subject: Re: Beating the market
* Sometimes I've picked WFC/PL. It takes a nasty hit from inflation which hits both the value of the capital and the coupons, but even so it has given a real total return of around inflation + 3% in the last decade or so.

Just worth noting that WFC/PL traded at 1500 about 18 months ago, and it closed yesterday at 1163. I added to my position recently at 1180.

Elan