So, I was watching one of those meaningless "money" talk shows on CNN. Although, I liked listening to Robert Reich on the show say "prepare for the worst, hope for the best".
I started thinking, maybe I should put some money into Columbus, Ohio Fortune 500 companies (Large Cap Stocks); or maybe in the State of Ohio fortune 500 companies So I looked at this list on USA today, to find the Central Ohio Fortune 500 companies from 2004....
Nationwide Mutual Insurance
American Electric Power
Then I found that of these Fortune 500 companies in Central Ohio; Nationwide Mutual Insurance is no longer a public company (NFS, as of January 1st, 2009). That made me immediately think why invest in "public" companies, seeing that Nationwide just took their $2.4 billion subsidiary private. Which made me think, why are companies public. Well, the basics are that a company goes public to raise capital it could not raise in a private market, and it is often an exit strategy for the founders and original investors of a company. Wait a minute if that is the reason to go public than why would I spend so much time looking to invest in public companies, wouldn't it be more valuable to invest in private companies that I have transparancy into; or, even better, to invest in myself and my own work/companies/businesses.
Hmm, lots to think about.
With all of that said, if you are looking for a small investor or worker in your ideas and/or are interested in becoming a small investor, worker in my ideas; drop me an email, and let's talk about working and investing together.