When I'm teaching a finance class and various perpetuity models come up, I inevitably break into a little Randy Travis. "Return = Next Year's Dividend/ Price + Growth rate, assuming the growth rate stays constant forever and ever, amen."
I can't sing while tutoring via whiteboard, but I referenced that just now and found a student who wasn't conversant in country music (my last teaching gig was in Kentucky). I told him that Travis was in the news for all the wrong reasons this month.
I didn't know that Travis had just gone for the bad PR hat trick yesterday. I knew the first two strikes on the docket...
A few weeks after being arrested and charged with driving while intoxicated, Travis was cited in a simple assault case Thursday after a disturbance with another man outside the Prestonwood Baptist Church in Plano, Texas
...but Travis went for the trifecta-
The streak of bad luck continues for country music superstar Randy Travis.
On Saturday morning, police in Frisco, Texas, confirmed his pick-up truck was found abandoned and heavily damaged in a field. The department told NBC 5 DFW the vehicle was found in a field near the intersection of Lebanon and Legacy.
No charges have been filed so far. Other media sources reported it does not appear Travis was driving at the time of the wreck.
As they'd say in those parts, Randy, bless your heart.