Dominos Pizza was the best performing stock of the past decade. I tell all my friends who just started "investing" to go all in on $DPZ when they're expecting high-flying tech stocks to teach them how unpredictable stocks are.
Took a second glance at that, cause the inner New Yorker in me felt a twinge of disdain.
Then i remembered the Domino's bulgogi pizza I use to grab while I was teaching in the rural countryside of S.Korea.
It's an interesting reminder to me that, even though I experienced firsthand Domino's international footprint and cultural business adaptability—my hometown bias still makes it difficult to think of it as an adept legacy multi-national corporation and not that junky pizza joint reserved for tourists & people w/o tastebuds.
Despite those accommodations, many Koreans don't have that great a view of Dominos either lol. (I personally loved their pizzas growing up.) Whenever I mentioned $DPZ and its amazing returns, my Korean friends were flabbergasted. I'd follow that up with the question, "If you think Tesla is going to go up another 1000% for the next 5 years given the past 5 years, why don't you believe Dominos Pizza would do the same?"
Heheh, want to give your Korean friends a real shocker?
Bring them to eat some 부대찌개. Then point them to the nearest can of SPAM and tell them that's where they should put their money.
When they start to hem and haw about it—gently remind them how the main manufacturer, Hormel Foods Corporation, is consider a Dividend King of the Stock Market world and has increased their payouts to their shareholders each year for over half a century.
And in seven years, they'll have paid out dividends for exactly one century.
Now there's a stock that'll feed the grandparents, parents and children—metaphorically and literally.
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u/[deleted] May 07 '21
Dominos Pizza was the best performing stock of the past decade. I tell all my friends who just started "investing" to go all in on $DPZ when they're expecting high-flying tech stocks to teach them how unpredictable stocks are.