Fifteen years ago we used that same headline for a year during which actual performance lagged the perception that shipping values would soon soar. For our 2009 Annual Ranking of the world’s most important public shipping companies, much the same could be said in many camps. Returns to shareholders, while not the frothy sort, as seen in 2007, were nonetheless good despite difficult operating results.
This is only an excerpt of Buy the Rumor Not the News
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Tags: · Jim Lawrence
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