How to Invest in Shipping
If you ask me how to invest in shipping stocks, I have to reply: Why?
Seriously, folks. There's a reason we call the shipping sector the place "where money goes to die," and it's not because shipping is a great place for investment. To cite one (extreme) example, shipping is where investors in DryShips (NASDAQ: DRYS), run by noted scallywag George Economou, watched their stock fall from a split-adjusted valuation of $55.3 million per share to prices below $5 a share over the past four years.
That's a loss of 99.999998%.
Source: Fool.com
