Friday, July 13, 2007

Monetizing a Dream.
Instead of giving Guitar Center cashiers my money, I should have bought the company's stock. Listed for years at GTRC (Who knew??) they're being bought out by Bain Capital, the venture capitalist running dogs founded by the hopeful, Mr. Mitt Romney.

Outside of a shareholder lawsuit and wild P/E ratio, it's got stable management and lots of cash to gulp down puny competitors and monopolize the industry. So Next time you’re using an essential service, wonder “Am I wandering past a pot of gold?” I will.