In Search of Value in a Sluggish Economy

The Takeaway

Markets had severe case of the Monday’s yesterday as stocks plunged. The Dow Jones industrials saw a drop of 634.76 points and not one stock in the Standard & Poor’s 500 index saw an increase. In a word, investors were in a panic, desperately trying to find anything with value to put their money in. Eduardo Porter, editorial writer for our partner The New York Times  and author of The Price of Everything: Solving the Mystery of Why We Pay What We Do, helps us find out what has everlasting value these days. He believes the on thing that may always have lasting value is water and natural resources.

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