The flow and velocity of money is good, bleeding out of lazy grumpy companies like P&G, Coke and Merck and into the new, the vigorous and the daring few.
The stodgy companies operated by the corporate clones, the likes of P&G and Disney, thought they could rest on their cushy parts and fool consumers and investors (and Warren Buffet) with their same old tube of soapy stuff and ever more clever or ever more obnoxious commercials.
No, the masses have woken up and the revolution is on, this time far more life threatening than KKR and Milken ever could have dreamt of being (where now are the KKRs and Milkens anyway). The techies, nerds, and the gun slingers are taking over. Wealth will be transferred, in no less a bloody fashion than the peasant revolts of the past. The weapons of choice does not involve gun powder, but popular vote. People are voting with their hard earned money, supporting visionary companies by inflating their shares, with which the corporate blue bloods are ripped from their hard assets. They cower and they scream "bubble" "overvalued", forgeting that Coke is at P/E of 40, and delivering growth of 7%, perpetually rearranging their "bottles, crates and trucks". I say enough, and the lie stops now.
I smell blood in the water and sometimes it is our own blood. We are engaged in a struggle, a revolution, a war. What is at stake is our future way of life.
There, I feel better. |
