Tuesday, January 24, 2012

In sickness or in health

Sitting waiting to be served in the bank a couple of days ago, I was idling through Fortune Magazine's Special Issue Investment Guide 2012 when I came across this choice quote from Rajiv Jain:
High quality equities are the place to be - the Coca-Colas, the McDonald's, the BATs of the world.

(For those who don't know, BAT is British-American Tobacco.)

It's a sad commentary on the world that the companies making healthy profits in a sick economy are those dedicated to filling their customers with unhealthy crap.

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