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re: KO, WMT, MCD... You scared?
Posted on 4/1/14 at 10:28 am to LSUneaux
Posted on 4/1/14 at 10:28 am to LSUneaux
Since all three are the best companies in the history of the world in their respective areas, I will continue to buy all three. Read about Warren Buffett's belief in "wide-moat" stocks and you'll feel better too
Also remember that companies such as these typically derive a large portion of their revenue from international markets. These days, poor people abroad are generally coming out of poverty, so that's likely where future growth will come from
Also remember that companies such as these typically derive a large portion of their revenue from international markets. These days, poor people abroad are generally coming out of poverty, so that's likely where future growth will come from
This post was edited on 4/1/14 at 10:29 am
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