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Friday, April 17, 2009
Bad Investing Caused by Drugs?
A physician in Florida has come out with a thesis that the stock market crash caused by over-speculation may have been caused by drugs, but not illegal drugs. He is suggesting that exuberant speculation is caused by cholesterol-lowering drugs!!!
This in-depth article by Tom Jacobs describes that many users of some of these drugs such as Zocor marketed by Merck & Co. (MRK), Lipitor marketed by Pfizer (PFE), and Crestor marketed by AstraZeneca (AZN), are middle-aged men, who make up a major percentage of investors in the United States.
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