Wednesday, December 28, 2016

Selling the Seed Corn to Buy Frozen Corn

December 27, 2016
Real Money: 8 Great Consumer Stocks for 2017

Macy's management could also have more of an immediate, positive effect on the company's stock by selling more real estate to fund share buybacks.

It's funny. I was thinking of selling my house, renting it back from the new landlord, and using the "profits" of the transaction to increase my net worth and financial stability by loading up on frozen corn.

Over the long-term, what could possibly go wrong?

4 comments:

Unknown said...

Mark,

Thanks for an entertaining year! Best wishes for 2017 -and may the sarcasm be with you!

Stagflationary Mark said...

Unknown,

May the sarcasm be with all of us!

And should the price of sarcasm foolishly fall in 2017, remember to buy the dips! This bull market is just getting started!! ;)

Rob Dawg said...

In the park home run. great movie, great analogy and a dead company.

Truthfully though some of the Macy's closings are long term leases from the great consolidation finally expiring.

Stagflationary Mark said...

Ha! :)