|
Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,224
|
What is interesting to me is that the video explains precisely what companies like Walmart, Home Depot and Starbucks know and have been doing for a long time. If any company similar in nature were to stop expanding, the "time lag" mentioned in the video brings about bankruptcy. And, we've seen proof of that many times when things like airlines can't expand anymore because the traffic is not there. With 2 HD's in Long Beach and a 3rd about to be built. methinks HD is not a good investment anymore. Neither would Starbucks be.
Furthermore, when technology sends a company spiraling such as Tower Records, the end is unavoidable. As such, in theory anyway, the cell phone market must have been a very good investment over the past years and should continue. I don't know, I don't have any stock and don't follow it. I just know that big chains are a house of cards just like the loan industry.
|