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DewDiligence

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DewDiligence

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Re: hptaxis post# 3443

Tuesday, 09/06/2011 9:19:55 AM

Tuesday, September 06, 2011 9:19:55 AM

Post# of 30493

…multinationals like Nike are deriving larger portions of their earnings from the big emerging markets. Over 60% of Nike’s 2010 earnings came from emerging markets, most of it in Asia. The same holds for Coca-Cola, which gets 70% of its revenues from outside of the U.S.

Several of the US-based companies in my top-20 LTBH list (#msg-66381289) could be mentioned in this context—for instance, MMM.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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