However, for an investor who has a paper gain
and receives a favorable report, prior empirical findings on the disposition effect (Odean 1998; Weber and Camerer 1998) and theoretical predictions from prospect theory (Tversky and Kahneman 1992) predict that the investor will sell the stock and receive the sure gain.
of $161,769 at a fair market value of $7.
Banking regulators were considering the exclusion of Level 2 and 3 paper gains
from minimum capital requirement metrics, presumably because paper gains
can evaporate, but that would have shown major banks around the world to be severely undercapitalized.
But real as opposed to paper gains
in the vegetable division compensated for the decrease of volume in the potato division.
His paper gains
were often laughably suspect--950 percent in 1999, a year the S&P 500 gained 19.
Andrew Meadors, the Little Rock insurance broker I recently interviewed about his adventures with frozen accounts in the Stanford Financial Group debacle, reminisced about "happy hour" parties in the spring of 1999, when he and his friends celebrated making $25,000 in paper gains
in a single day.
Long-term investments, not short-term profits, and productive work, rather than paper gains
, need to be supported.
The statutory operating profit, which the paper gains
and losses on investments came out 15 per cent down at pounds 2.
It takes a lot of money or other financial assets to produce a decent income from interest and dividends alone, and you can't buy groceries with paper gains
Thus the CEO's actual pay and paper gains
represented approximately 0.
If you have sold investments in 2006 at a loss and have other investments--such as stocks--with paper gains
, consider selling and taking a gain equal to the loss.
The insurance company, with its head office in Cardiff, successfully floated at 275p per share with employees at the firm banking some serious paper gains