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w w w . t i c o n l i n e . c o m |
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THE HAPPY INVESTOR |
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In the world of wonderful businesses, we find a wide variety of specialties, industries and competencies. There are easily understandable companies involved many facets of the normal consumer's life. For fun, let us run through a day in the life of a hypothetical investor. |
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It's Saturday, and there's so much to do. After waking up with the sun, its time to shave with a Gillette razor while changing into clothes bought from The Gap. Breakfast is prepared on pans that picked up at Costco and is quickly gulped down while simultaneously reading the Washington Post. Once breakfast is over, its time to rush off to buy clothes for the kids at Wal-Mart. Lunch arrives almost too quickly - a quick bite to eat at McDonalds is washed down by a Coke. After running a few errands, paying a few bills and setting aside some money to put in a T. Rowe Price mutual fund it's time to go home for a well-deserved dinner. Dinner guests include Oprah, The Wheel of Fortune and Jeopardy! - all distributed by King World Productions. The kids get home after a fun game of basketball and throw their Nike shoes on the ground. They studiously type up their school assignments on the family's Dell computer and you reward them with a treat - some Wrigley's chewing gum and Tootsie Roll candies. As you can see, the average consumer is exposed a cornucopia of excellent businesses. For anyone who invested in any of the aforementioned businesses, the last 10 years have been great indeed. This just goes to show that individuals don't need to be exposed to biotechnology, genetic engineering or aerospace to be successful - just subscribe to the KISS (Keep It Simply Silly) principal of investing. Cheers, |
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