Tasty results
Earnings came in good and strong. Recession or not, we all still eat McDonald’s, isn’t it? ![]()
Just like people still drink coke and pepsi when the economy is bad
In fact, McDonald’s is relatively cheap as compared to many other meals. Most other meals come without a drink
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Successful investing is about managing risk, not avoiding it. DYODD
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OceansWave : But MacDonalds is listed… hahahah what if its shares collapse and becomes bankrupt… hahahah
Oops forget MacDonalds outlets are franchise hahahah… the HQ may fall, but the outlets will still run for a period of time even though if the company is bankrupt… but they will only be able to run until they run out of stock.. hahahah
This is my guess about how things will be… nothing is real so don’t take it serious..
I will still go for chicken rice… cheap and even in recession, if one stall owner is bankrupt, we can go find another stall.. just that the taste will be different.. hhahaha
Ultratechman OceansWave : McDonald's will be around forever and never go bankrupt
Smart Me OceansWave :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Smart Me Ultratechman :