Back when I was (stupidly) getting a marketing degree in college, one of the top employers here in the Bay Area was Clorox. This, to me, seemed like a total joke. Who on earth would want to go work at a bleach company? That sounds like working at a company that creates paper clips. And yet, after all these decades, Clorox (CLX) has absolutely kicked butt up, down, and sideways.
I seriously have no idea why a bleach company would be one of the most successful equities in human history, to say nothing of the fact that, besides the Slope of Hope, they are one of the few organizations that actually benefited from the Covid-19 pandemic.
Let’s say it was back in the early 1980s and you were told by a visitor from the future that the following 40 years would absolutely be the Age of Information, and that the entire world would go haywire for computers and all the surrounding technology. Thus, you put your entire portfolio into the biggest, most stable tech outfit, “Big Blue”, IBM. And some other jerk put all his money into Clorox, of all things. How’d you two make out?
Yeah, well, the true “big blue” was the blue-colored line (CLX) which trashed, smashed, and totally humiliated IBM. Absolutely stunning!
Oh, by the way, if you didn’t see my Honey-Cam, check it out. It took me a while to set this up, but it’s a total kick.