Customer Quote by Greg Thain

“In retailing, more is (mostly) seen as better. Competition is fiercest on the most basic grocery items: some 400 lines, which in many cases…

— Greg Thain

Things are going better: there is more growth, less deficit, more competitiveness, better margins for companies, more purchasing power for workers.

— Francois Hollande

“Generics would only come in one size and variant, never be promoted through price or displays and thus would not account for much volume.…

— Greg Thain

Edge also implies what Ben Graham…called a margin of safety. You have a margin of safety when you buy an asset at a price…

— Michael Mauboussin

As a whole, [changing] is deflation force that is being underestimated. Whether each person thinks of it in the context of the word deflation…

— Ken Moelis

At the end of the day, dividends are not being paid with margins; dividends are paid with earnings per share.

— Joe Kaeser

The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing…

— Peter Cundill

“Direct consumer contact is an advantage for retailers, as 70% of shoppers make purchase decisions in stores and are thus open to last-minute persuasion. The”

— Greg Thain

“In markets where consumers are sensitive to quality differences (e.g. washing powder, instant coffee, sanitary protection) the share for generics and copycats usually plateaus…

— Greg Thain

“There are some FMCG categories where retailers are destined to control mindspace. These are the low-technology, low-image, low-novelty areas. Retailers are likely to be…

— Greg Thain

“Because retail brands are barely differentiated, they are relatively fragile when compared to the largest manufacturer brands, despite having, in general, much higher awareness…

— Greg Thain

“Importance of price: Price is imperative for FMCG retailers, much more so than for manufacturers. Retailers must constantly keep their real prices competitive and put…

— Greg Thain