How is it possible that trash Companies are posting less than expected results? Trash Companies are thought of by prudish investors as some of the safest stocks to own. Ask Warren in his Buffet of Essays on Corporate America. Companies which service the needs of the people tend to stay afloat longer and respond very little to economic down turn. Most investment advisors and attorneys would agree. And anyone who has ever stopped to ponder the idea of recession proof businesses would inevitably put Trash and Refuse companies at the top of the list. What other companies? Environmental Companies, Security Companies, Cigarette makers, vice industries (gambling, drinking, risqu? type businesses).
We had put together a list last year for our own company of industries during the recessions which were safest to do services for without being strung out on accounts receivables or having companies file bankruptcy on us. We are in the cleaning business and only got burned by a few such industries we had put on the list. Yes all those listed and about 23 others were on the said list in a Memo we call "Letter's from Lance" copying the Michael Dell theory of management and personal contact to each and every member on the team, his of course discussed in his book, "Dell" by Dell. He called them 'Messages from Mike'.
If you are wondering how a guy who washes cars can have so much data output, realize we do these discussions from the top of our heads, so it is merely a fact of putting into key strokes, the data is data from past experiences, knowledge and insight from reading many different and unique sources as to never be jaded by Corporate Propaganda, Media Hysteria, here say or rumors. Before you call your investment attorney to sue the trash company for their forward looking statements, think about the changes in that industry. Also understand that 23% to 40% of their business comes from commercial accounts not residential accounts, thus during a recession it may not always be the safest bet, but all in all not a bad bet. If you want further advice call; Jim Kramer on Mad Money; let him tell you. Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
shuttle to Midway Beardstown .. Lockport Chicago limo O’HareWhenever I see mutual fund comparisons in the trade publications... Read More
If it walks like a duck, quacks like a duck... Read More
A stock market index is a statistical measure of changes... Read More
How many times have you said to yourself, "I'd like... Read More
We learnt the following the hard way! If any of... Read More
The demand for world oil is increasing while world reserves... Read More
Buy high and sell low -- It's not a typo.Millions... Read More
Have you seen all those big full page ads for... Read More
For the last few weeks we have seen the stock... Read More
The trash business in its efforts to cook their books... Read More
Three little pigs went to the market to stock up... Read More
Are you one of those many people who dread reading... Read More
I am taking the time to help others learn the... Read More
Most stock traders know that momentum trading can be a... Read More
Where is the beef? Or maybe it should be where... Read More
How many times has this happened to you? You're at... Read More
With the internet such a huge part of our daily... Read More
I constantly hear the talking heads on CNBC-TV, the radio... Read More
Mutual funds by definition are a mixed bag of stocks,... Read More
If you have been dealing with mutual funds for any... Read More
What! Me worry?Many of you remember the cover of MAD... Read More
One of the big advertising kicks today from mutual funds... Read More
Time to look back2004 is over, now we are in... Read More
If you were to find that you had some severe... Read More
Ever jumped out of an airplane? It's OK if you... Read More
Green Bay Hummer H2 SUV rentals ..After the publication of the first part of this two... Read More
The basis of diminishing return discussions surround such simple notions;... Read More
Today we are inundated with tons of information about the... Read More
Exchange Traded Funds (ETFs) are growing. Investors are choosing low... Read More
To begin, you might look at playing the stock market... Read More
This is a guide to the different types of mutual... Read More
During the day I watch CNBC-TV, the stock market channel.... Read More
Just about now everyone is confused as to which way... Read More
In 1960 an engineer working for a watch company in... Read More
I cringe every time I hear a novice investor tell... Read More
What are you thinking when it comes to your no... Read More
With the internet such a huge part of our daily... Read More
Hedge current portfolio positions and gain access to capital resources... Read More
We are already in it, but you can't see it.... Read More
Last time we looked at the real performance of the... Read More
Time to look back2004 is over, now we are in... Read More
Do you own any mutual funds? In an IRA or... Read More
Do you have a nest egg? You know, a place... Read More
I have been trading for several decades and was an... Read More
Never lose money in the stock market again. Yeah, I... Read More
Mutual funds were moderately successful in creating a presence in... Read More
Stock trading can be a very profitable activity. You can... Read More
It has been said that low cost or even free... Read More
It is difficult to make money in a bull market,... Read More
If you've ever flipped on the television to CNN Financial... Read More
Stocks & Mutual Fund |