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Jun 30, 2000

Death & taxes

Investing in a sure thing

A long time ago I considered the prospects for the Tombstone Index, which engraves the financial achievements of the post-life care industry, as the funeral homes and coffin makers like to classify themselves. In fact, it was actually a great deal more lively than its composition might suggest, with mergers, acquisitions, and doubtless even a futures market - if not for the industry's actual clients.Then, a year or so ago, Service Corporation International, the world's biggest chain of funeral

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