Sometime in the next month, I’m going to get around to completing posts on Charles Barkley and Steve Harvey, with the discussion point being that both men have very shrewd financial lives and breadth of intelligence that is significantly different from the images that they hold out of themselves in the media. You see Charles Barkley making goofy quips on TNT during basketball season, or turn on the television to see Steve Harvey going after the cheap gags and laugh lines on Family Feud, and you could superficially reach the conclusion that these men are not professionally savvy but reached their positions as a result of a quirk of luck. But if you look at how they position some of their assets, diversify their revenue streams, and listen to the general philosophies they live by personally and use to direct their investments, you will be immediately struck at just how superficial appearances can be deceiving. I still have some more research to do before I get around to that post, so for now, check out this awesome awesome awesome video of Steve Harvey using general observations to give life advice.
Every so often, I get an e-mail from a reader curious to know what company will be the next big player to shake up or join an industry. In response, I very rarely have something new to add to that conversation because I think it’s likely that Coca-Cola will be the next Coca-Cola, PepsiCo will be the next PepsiCo, and Dr. Pepper will be the next Dr. Pepper. Translation: The industry leaders in the beverage sector today will likely be there ten, fifteen, twenty years from now. It’s been no secret that I think they possess the brand equity and vast distribution networks to be around for a long, long time, and that is why they get mentioned as long-term investments here at the site so frequently.