It's Worth Switching to Food Producers

By

Roger Arnold

 | Jul 17, 2014 | 4:00 PM EDT
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I've written several columns over the past few years on the grocery stores as defensive investments, especially The Kroger Co. (KR) and Safeway (SWY). The fundamental rationale for defining the grocery stores as defensive investments was outlined in a column I wrote concerning the relationship between the economy, capital markets, and the hierarchy of needs as described by Abraham Maslow in "A Theory of Human Motivation," published in 1943.  

That column is no longer in the Real Money archives but if you would like a copy please send a request to rarnold@almadvisors.com and I will forward a copy to you....618 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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