Replies to post #2421 on The Rising Influence of Rising Affluence

[DewDiligence]

“It’s maybe not for the older generation, but there is a feeling that if their child can eat at McDonald's then he can go out in the world and succeed.”

That’s an awesome quote.

[DewDiligence]

Reuters cites four of the stocks regularly mentioned on this board as potential Buffett acquisitions: CLF, HNZ, ITT, and RIG.

http://www.reuters.com/article/2011/03/30/buffett-buys-idUSN3015078120110330

FWIW

[DewDiligence]

Amusing excerpt from NYT profile of Pringles, which PG just sold for $2.4B:

http://www.nytimes.com/2011/04/06/business/06pringles.html

Mr. Baur never lost his affection for the Pringles’ can, which he invented. When he died in 2008, his children honored his request to bury his ashes in a Pringles can. In an interview with Time, Mr. Baur’s son, Larry, said he and his siblings stopped at a Walgreen’s to pick up a can of Pringles on the way to the funeral home.

“My siblings and I briefly debated what flavor to use,” Mr. Baur said, in the Time interview. “But I said, ‘Look we need to use the original.’ ”

[DewDiligence]

Coca-Cola, IBM, Microsoft, Google, and GE top list of most valuable global brands, according to Interbrand study:

http://www.bloomberg.com/news/2012-01-16/coca-cola-retains-title-as-world-s-most-valuable-brand-table-.html

Other top-100 brands owned by companies of interest to me are Intel (7), Gillette (Proctor & Gamble) (16), Pepsi (22), Heinz (49), Caterpillar (64), Shell (74), 3M (85), and Deere (97). ExxonMobil and Chevron did not rank in the top 100.