On investing and porn

Stock market has been performing badly. Wall Street goes banana.

It was the banks. Bear Stearns collapsed, Merril Lynch is about to be acquired, and Lehman filed for bankruptcy.

And now it's the insurers. AIG needs a savior.

Investing looks bleak.

Some people say that I work in a safe industry - consumer products. No matter what, people still need to go on with their life. They need to bathe and wash their hair. And people still make babies too.

But there is another industry whose demand never dies, thus ought to be less volatile than technology or banking: porn.

And we can now invest in porn industry. Adult Entertainment Capital, Inc. went public yesterday in NASDAQ, under ADLE ticker.

MSN Money says the porn stocks are worth watching. With yesterday's closing at $0.0065, you can easily be a shareholder.

An article says that it's a big market, around $57 billion globally. Looks like a huge market that can still be exploited...

A classmate once interviewed with Vivid Entertainment for an internship position in finance. The whole school enjoyed his story about the interview.

Can you imagine the experience of attending ADLE's annual shareholder meeting?