Friday, September 10, 2010

Want a stock idea, just look around

I think it was Peter Lynch that suggested looking around at the products we use as a way to identify stocks for potential investment. I personally feel this is an awesome way to find companies to analyze and potentially invest in as compared to listening to advice from some idiot that uses technical analysis to evaluate if a stock is an attractive investment or not.

Anyway, I decided to conduct a little experiment and see if I can identify 10 public listed companies from the products and services in my house.

 Experiment

Yesterday when I woke up, I went to the bathroom to take a shower. I used Pantene shampoo from Procter and Gamble. I also brushed my teeth using Colgate toothpaste from Colgate-Palmolive.

After I had my shower, I made breakfast. I fixed myself a sandwich with cheese from Kraft as one of the ingredients,  I also had some Minute Maid orange juice from Coca-Cola. While fixing breakfast I also spotted a box of cornflakes from Nestle.

I then logged on my computer to surf the net. The search engine I used was Google, and I looked up Amazon.com to check out the price of some books.

I then went to play on my X-Box 360 (from Microsoft) on my Sony TV, and while I was playing, I received a call on my Nokia phone.


If you have anything to share, please feel free to comment. Take care, and may you always sustain good returns on your portfolio.