Mon, 02 Feb 2009
Troy’s Blog
Now I can't get my head out of retail and I try a succession of retail stocks, even if most people are flushing them and using them to make paper planes out of as they are all sinking. Argos - I passed two stores and they were rammed with people, they are on the cheaper end of the spectrum so should cope well in recession Britain. But, I can't buy them without buying shares in the whole retail group that they are a part of, and all the stores in that group aren't doing well so Argos would be tainted. Wilkinson - again cheap and full to the brim - can't find them. Aldi - can't find them, can you see a pattern emerging?
Then I figured out perhaps it was just about the companies being foreign and not based in blighty.
I thought ok, let's make sure it's a UK company. My boss's son had just been in some ads for Silver Cross (makers of baby prams), they have been in the papers saying they are well poised to beat a recession. I know from previous work that kids are always the last to suffer as parents will go without for the sake of their children. Could I find shares in Silver Cross - could I hell. Frustrating. I need to learn more and quickly.
posted at: 13:53 | path: | permanent link to this entry