One thing about beingBlindly delusional is that it makes a person realize that it is blinding. There is nothing wrong with being an investor but to be successful a person has to be open minded. To not continually be foolishly following the words and theories of a CEO who is full of excuses and not showing substantial growth to the bottom line, (not revenue). It's one thing to grow revenue by acquisition but if you have a hard time explaining say 133% growth and how much of that was based on contributions of the new ABInbev acquisitions. Now next quarter you will see growth in the craft beverage industry because they have acquired 4 more. But truly what is the growth qtr o qtr going to be of the sector without that new income. They are saving some wages after letting people go, but not much.
Is a philosophy of not selling products because the profit margin isn't high enough a real answer. Or does that excuse just mask the inability to compete and have lesser numbers in margin. It's not a bad thing to admit that in vaps you can't play at the same level as the cheapos currently play. If you are going to use that excuse everytime price compression happens in a segment against the margins, then oh boy.
Simon's problem is he wants to build a big un and the Colgates, Unilever, Nestl, Constellation Pepsis are all there. He might build a truly cpg company. Thats what he wants to be known for. Whats going to happen in a couple years time when his medical is trying to compete in a true open rec market and the compression comes. Will he be around to answer the call why the share count is growing and the share price stagnant. But the question becomes where are his limitations and has he already reached those. Right now he is trying a strategy of growth that masks shortcomings in strategy. The stockmarket is like independent businesses, bottom line.
Just some food for thought, it's not going to open the minds or eyes of any. Some believe a guy sitting in a room peddling hats and giggling saying 10 to 20 days before the election mj is really gonna be the big topic. Id sure like to know how a guy in Edmonton has the USA all figured out. When people have a long strategy and listen to a person who is daytrading for pennies, thats not hilarious its misleading, but they do admit to having a long account bought previously. You might as well try and find James West if you want another guru, you can make lots of money off his tips.
But opportunities are missed by people who have souls which don't question things.
Glta