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\LUMNI NEWS - eCommons@Cornell - Cornell University

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Facts are Perishable<br />

When an able investor first buys stock in a<br />

company, he is apt to be very close to it. Its<br />

earnings, competitive situation, research<br />

activities, and character of management<br />

are factors of great importance to him<br />

and he reaches out for every bit of information<br />

he can acquire.<br />

But with the passage of months or<br />

years, it is not unusual for other matters<br />

to absorb his major attention. His "stake"<br />

in the enterprise continues but new facts<br />

are overlooked, or outweighed by past<br />

impressions. And as the facts change, his<br />

investment may be endangered.<br />

We work constantly to extend our<br />

knowledge of each company whose securities<br />

are owned by our customers. That is<br />

why our Investment Management service<br />

can be important to you.

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