Even in Mexico, whose currency fell against the dollar, American investors fared well.
But most investors would probably fare a lot better this year by betting on foreign stocks than on the faltering American stock market.
So far, though, investors in the company have fared poorly.
Would investors have fared better if the companies had completed a deal in 1998?
How would an investor have fared by investing like a couch potato?
How investors will fare remains to be seen.
Because each panel of arbitrators is different, it is difficult to predict how these investors will fare.
But investors did not fare well under Mr. Jones.
One authority on securities arbitration says that for several reasons, many investors will fare well.
In other words, recent investors in the fund would have fared better somewhere else.