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When two siblings grow up in the same house and one becomes successful and the other suffers from economic turmoil and unemployment, who is to blame? Conley (2004) takes the mystery out of this phenomenon in The Pecking Order. Conley begins with a fascinating example of how two siblings, Roger and Bill Clinton, emerge from the same home and enter different socioeconomic lives. Raised by a single, working mother, Roger leads a life of hardship, poor choices, and economic instability, while quick-witted, charismatic, and politically-minded Bill climbs his way to success. This book attempts to get at the heart of these disparities ...
Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25.50 = 10 times $2.55. XYZ stock sells for ten times earnings. Profit and loss statement for a trader. Purchase and sale statement. A statement provided by the broker showing change in the customers net ledger balance after the offset of a previously established position(s). Used for listed equity securities. Regional exchange located in Los Angeles and San Francisco; only U.S. listed exchange open ... Read More
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