Saturday, June 21, 2008

Inferior Goods

Calling all companies you can think of that would sell inferior goods. What is an inferior good.

Wikepedia defines it as...In consumer theory, an inferior good is a good that decreases in demand when consumer income rises, unlike normal goods, for which the opposite is observed.

So for example I would consider Wal-Mart, McDonalds, Wendy's all companies that are inferior good type companies. Not accidently they have all performed fairly well in the stock market.

In my mind this is one of the only place that will be decent investing in over the next few months / years. If you have any publicly traded companies names you would like to suggest I would love to hear them.

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