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Investment Analysis Clubs / The BMW Method


Subject:  Re: Debunking Stock Market Myths Date:  8/25/2007  8:02 PM
Author:  BuildMWell Number:  26543 of 41794

"Now, let's see, I'm buying 200 shares of Coca Cola. How can I contribute to the company as an owner?" - Denny Schlesinger

Denny, I look at my ownership position as that of an absentee owner. I am too busy and my time is too valuable to get involved with the day-to-day operations. I pay the Board and CEO to handle the mundane, boring details for me. I know the business would be better off if I ran things but, I need my space. After all, I am retired.

"The other day I saw something that was bothering me and I fire off an email to investor relations. Nine out of ten times I'm ignored and the tenth time I'm brushed off with some inconsequential reply." - Denny Schlesinger

I ran into this with Duke Energy. I live just a short d