Thursday, December 08, 2005

Off-The-Wall Investments

You win some, you lose some -- nine off-the-wall investments that paid off, and four that flopped.

NEW YORK (FORTUNE) - They all laughed when Jefferson bought half the continent from France. Alaska was called "Seward's folly." Other "crazy" investments have worked out fine, too. But some oddball bets fell flat.

One of the surprising losers in our gallery is Warren Buffett, and there's a host of other investors profiled, both winners (the entrepreneur who bought the formula for a weird brown health drink called Coca-Cola) and losers (remember Webvan?).

-- from InvestorGuide (but I had to hunt down the URLs)

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