Oct
12
Good businesses in bad times
Classic portfolio management tells us that industries such as health care, energy, and consumer goods are good investments in recessions, but CNN reported a 50% increase in sales YOY for Sentry Safes. That’s an interesting addition to the known list of safe haven (no pun intended) companies in a recession. And if you wonder what people are putting in those safes, I can’t help but look at some of the recent bank runs.
