I’ve never written up a profile of him, but one of these days, I’m going to get around to doing a full fledged admiration piece on the career of Tom Lewis who is best known for running the real estate investment trust Realty Income. Who knows, maybe I’ll try and see if I can track him down or leave a message with his secretary just to say, “Hey man, I don’t want anything from you. I don’t want to hassle you for any of your time. I just want to say I studied your career, and it was good.” I could see great businessmen in retirement appreciating something like that.
Back when I started writing for Seeking Alpha in 2011, I noted the obvious that everyone else in the stock commentary blogosphere knows: Coca-Cola is a damn good company to own for long periods of time.
I think though, it’s entirely possible that it gets written about so much that people put up blinders to the notion of accumulating Coca-Cola stock in their portfolios now. That’s a shame, because the company is continuing to create wealth, but in a way that doesn’t necessarily make you feel as if you are the owner of a life-changing asset in the moment.