Kenneth L. Fisher, greedy bigot!
118Posted by SuperFrenchie
in Bashed in America (September 5, 2006 at 10:45 pm)
- 118 Comments
Kenneth L. Fisher is a columnist at Forbes, a business and investment magazine. In his latest column, he seems to really like some French companies, recommending both Suez Lyonnaise and Sodexho Alliance for investment purposes.
But while he may like our companies, he really doesn’t like us:
“I really dislike the French, so I love buying from them cheap and selling back later at higher prices. France’s Sodexho Alliance <…> provides food services in 70 nations to institutions like prisons, hospitals and nursing homes. With $15 billion in sales, it’s the giant in its field and benefits from economies of scale. It grows nicely yet sells at 50% of annual revenue and 13 times likely 2007 earnings. If all goes well, you will be selling in a year or two at a much higher price and the buyer will be French.”
Kenneth, thanks for the tip.
But while you enlightened us with your very professional opinion, how about telling us why. What exactly have I done to you, Mr. Fisher? What about my children? What did they do to earn that “dislike“? Did they look at you funny? Threw rocks at your windows? How about my parents? Did they insult you in some way? My brother, maybe?
http://superfrenchie.com/