Obviously, but I donât think anyone - other than you - actually mentioned the word âsuccessâ nor suggested ways to measure for it. RABid said "largest"with respect to fast food franchises. So, I ranked explicitly by total locations because a) itâs the most stable way to rank franchise âlargenessâ and b) someone else hilariously suggested that there were âvery fewâ KFCs left (vs Popeyes). Statements like these simply cannot go unchallenged â this is the internet after all.
Well, you could, but then Starbucks would be #1 in terms of annual revenue, not McDonalds as you seem to be implying. Regardless, picking any single metric never tells the whole story. Consider the following dataâŚ
Starbucks (~$26B revenue, 2019) $20B in sales, ~15,000 US locations = $1.3M sales per location
McDonalds (~$21B revenue, 2019) $38B in sales, ~14,000 US locations = $2.7M sales per location
Chick-Fil-A (~4B revenue, 2019) $10B in sales, ~ 2,400 US locations = $4.1M sales per location
[Just for fun⌠Subway $10B in sales, ~25,000 US locations = $400k sales per location]
So, who is âlargestâ depends onâŚ
If you pick revenue, Starbucks wins.
If you pick sales, McDonalds wins.
If you pick profitability, Chick-Fil-A wins.
If you pick locations, Subway wins.
More fun facts: Chick-Fil-A is absolutely dwarfed by McDonaldâs in terms of revenue and locations yet generates 65% more in sales per location, despite only being open 6 days a week and not being 24-hours.
⌠And Lastly âŚ
Not to stray too far off topic â itâs good weâre talking about fast food franchises because I have a feeling a lot of GME investors, stonk traders, gamblers got âtaken behind the woodshedâ and learned an expensive lesson about buying high and selling low last week and are probably looking for some reliable ways to offset some major stock trading losses. Fast food places are always hiring, franchising opportunities are available.
âNothing sedates rationality like large doses of effortless moneyâ - Warren Buffet
Put my entire 401k in dogecoin you say???
Not only that, but Subway franchising doesnât have any clauses in their contracts in regards to territory like McDonaldâs does, so one Subway can open up across the street from another, leeching the profits from one store. Obviously corporate doesnât care since they get a piece of the pie either way, but itâs a big issue for Subway franchisees.
Thatâs a real solid return. Did you sell any yesterday when it hit $0.08?
Anyone in weed stocks? SNDL and OGI have been treating me very well this week.
Sadly⌠some late-to-the-party types will loose their life this wayâŚ
Too many conspiracy theoriesâŚ
Unfortunately so. Greed corrupts.
I read a story about a med student who took 40k of his med school loan money and put it into GME@300. Heâs probably not doing too well.
Going to hold; since initial investment was $8. I want to see Doge hit $1.
Stick with the sensible advice: pick a safe index fund and hold it.
That said, I did buy $10k worth of bitcoin last April and it quadrupled. I pulled most of it out into a real investment, e.g. the index funds. Donât kid yourself â the crypto stuff is straight up gambling . As with any casino, donât even step foot in the door unless you can safely afford to lose every dollar you entered the place with. Treat it exclusively as entertainment.
Best advice youâre gonna get on the topic.
Fixed this for you, given the absurd levels of manipulation.
Sure a 7-10% annual return on a low-risk index fund/ETF is fine. But I consider myself and idiot and my stock portfolio is still up 85% YTD.
Buffet infamously despises Bitcoin/crypto because itâs not regulated. I see that as a pro, not a con.
I wish I found out about this thread earlier. Now the 2 things I spend all my money all can be found in the same place.
My top 3 stocks rn are wtii (water technologies international) , currently sitting at 0.011. They make machines that produce clean drinking water out of the humidity in the air. EDR (Endeavor group holdings) , they have holdings with a lot of the MMA orgs like UFC, Bellator, One, etc. and now almost the Olympics. Currently sitting at 28.93. And last but not least PCRFY (Panasonic), they make all of Teslaâs batteries and signed a deal with Toyota to build a plant in Japan to produce batteries for about 500,000 EVs in 2022. Currently sitting at 11.43.
I usually get burned on pennies, but WTII sounds interesting.
Have you heard anything about Panasonic researching fluoride ion batteries? Iâve heard they may be a good candidate to replace lithium batteries, which would be huge as battery tech is currently whatâs holding us back in a lot of sectors. And is that 500k number taking into account the semiconductor shortage? Iâm in the auto industry and buying anything related to auto makes me nervous.
Very interesting, I will look into it. Thank you for this piece of information.
The important question is how large is your portfolio? Percentages measured against tiny portfolios are kind of pointless and people always conveniently leave that part out. Thereâs a night and day difference doubling $500 versus $1MM.
As for people like Buffet and crypto, heâs an investor. He buys businesses based on the income generated by the business, dividends, intellectual property, and so forth from which a stockâs value/price can be determined. He avoids Bitcoin, and any crypto, simply because they donât generate income, you canât valuate them, and theyâre fungible. As a holder, youâre merely hoping someone is willing to buy it for more than you paid âŚalso known as âgreater fool theoryâ. He has the same argument for gold, another non income producing asset.
Fair question but I disagree with the premise. An 85% gain on $500 or $1MM is still an 85% gain. In any case, Iâm playing around with about $15k. Not a huge amount by life-changing standards, but itâs a start.
Buffet also has a huge safety net in the form of âitâs too big to failâ. Berkshire made billions when Goldman Sachs was bailed out, which I donât find to be very fair.
I believe in crypto as an asset. it goes hand in hand with web3.0.
its not going anywhere imo. the market will cleanse itself of non useful, pointless projects.
The entire crypto market is crashing now
It hurts, crashing on top of a crash. It just hurts. ButâŚ
Buy
That
Frickin
Dip
Which is to be expected. Hell, when BTC first hit 1k, it then crashed to 200 for TWO YEARS.
But I donât trade crypto, I buy and hold. Which for me means that Iâm still up bigly in crypto.