- Restaurant Businesses, food company etc. these are all ESSENTIAL services. This means that they would have taken a beating during lockdown
Not that I intentionally planned it but this site is starting to cover lots of Food & Beverage related counters. In the words of Peter Lynch,
From : https://www.azquotes.com/quote/722829
One of the most important thing about investing is understanding the industry that you're in. I guess thats really one of the advantages I have having worked in the Fnb industry since my poly days.
Buy into industries you know. For example, whats the industry average for labour cost in the fnb industry? I know this and like any professional out there, you'll likely know whats the industry average cost for your own respective industries.
It is paramount that we use this knowledge to our advantage when we choose our investments.
Here are some of my thoughts in general about food related companies.
Advantages
