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| Image: Fortune Magazine |
So the Fortune500 list for 2011 is out.
For me, such lists can be useful and interesting, as it can be a good place to start looking for investment ideas, and to stimulate some thoughts on whether there are value investment opportunities among America's largest companies.
Big can be good if it implies a level of safety (as in, it is unlikely to go bust, though that can obviously prove otherwise which explains why further work is needed, think Lehman Bros or Enron) or dominance (e.g. Walmart, or Big Oil). So, happy trawling over the list.
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