Quote:
Originally Posted by GregWeld
#1 --- Erik --- Chipotle Mexican Grill (CMG) is "expensive" now - but 10 years from now you'll look back and wish you'd bought more of it. They have lots of room for growth - their stores a PACKED - their prices are higher margin - it's healthy compared to a burger and shake... and it's super tasty! I'm a fan.
#2 --- LOTS going on around the world... 15 years ago I'd have been "reacting" to all of it... I'd certainly have sold or been in and out multiple times in recent days and weeks. Now days I read, and listen to the talking heads on TV, and I shrug my shoulders and yawn... Then I open up my account and see a bunch of dividends have been paid and I go play golf or polish a hot rod.
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I'm still pretty green at this. How the heck does Chipolte demand $600 a share where say CVS demands $100? Or Starbucks demands $80? Is that an indication that it may split?