MONOLOGUE
If you think the answer to the above lies in brands such as Nescafe, Maggi, Munch or Kit Kat, think again. Although there is no denying that these are solid power-packed brands of Nestle too.
If you’re a fan of Bollywood and Stock Markets, you would have definitely watched the 2017 release Baazaar. Quoting a famous dialogue delivered by Saif Ali Khan from the movie here,
“Bhao Bhagwan Che”
This basically means, PRICE IS GOD in Gujarati, a regional local language in India.
What Saif Ali Khan effortlessly does in this one sentence is
Lucidly explain Efficient Market Hypothesis (EMH) which basically suggests that anything and everything that you know about a stock is priced in
High PE Ratio should be seen with respect and not just with doubt or contention (covered in detail below)
Comparing Price with God is exactly the irrational exuberance investors should avoid at all costs without knowing about the business in detail
While most of the products mentioned at the start are visible to the consumer's eye and have been consumed by most of us on multiple occasions, what people often tend to miss are their category-leading – money-making – monopoly brands.
Mind you: me, you, my parents and your parents and probably our children – all have had / will have exposure to this product.
So what are the top 3 brands of Nestle?
Click here to continue reading.