This is a classic company which is boring and which cannot be beaten . No Steve jobs type can ever come and beat a tooth paste . Buffett kind of stock . You do not need to know when a Black Swan event comes in which can have effect on this. Whether a 3rd world war breaks up or greece is annhilated with Spain this stock will keep making money for its investors . It is NOT FRAGILE . Its strong and cannot be beaten . When was the last time you heard any Harvard or any guy sit in his dorm room and start a new toothpaste company ??? NEVER . Buy it and hold it .. Retire with a min of 15% of CAGR over 20 years from now .
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This is a classic company which is boring and which cannot be beaten . No Steve jobs type can ever come and beat a tooth paste . Buffett kind of stock . You do not need to know when a Black Swan event comes in which can have effect on this. Whether a 3rd world war breaks up or greece is annhilated with Spain this stock will keep making money for its investors . It is NOT FRAGILE . Its strong and cannot be beaten . When was the last time you heard any Harvard or any guy sit in his dorm room and start a new toothpaste company ??? NEVER . Buy it and hold it .. Retire with a min of 15% of CAGR over 20 years from now .