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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (8463)	10/1/1999 3:10:00 PM
From: Mike 2.0	Respond to of 78594

Re the death industry (I like the term "death-care" about as much as "rightsizing"), I recall seeing a website very critical of the entire industry. If you search this thread far back enough you will find a message I posted on this thread. It suggested that the funeral parlor industry is actually over-saturated. EDIT: I found it...https://www.siliconinvestor.com/readmsg.aspx?msgid=8314731 If I remember correctly the article give reference to the website in question. Another key issue still in death industry's corner now is state legislation which requires a funeral parlor's services; "self service" such as buying your own casket from a wholesaler is banned in most places. But AFAIK this is beginning to change. This may be an overly sweeping statement, but IMO as boomers get older, they will not be as willing as previous generations to accept the status quo wrt the cost of dying. Long standing legislation designed to preserve the death industry IMO will not last. Again apologies for not having that website...when I find it I'll post it (EDIT: done). But for me a real eye-opener...was why I will not invest in STEI and the entire industry, and I am glad I did.