As St. Paddy's day is coming up, the 17th of this month, go out have a beer and buy that cheap stock Ingersoll-Rand (IR).
They are moving their headquarters from Bermuda to Ireland and again shows the leadership of the company who employ US citizens but also watch their cost basis by moving to areas that protect shareholder wealth.
Unfortunately, Berkshire Hathaway owns it and I have been noticing that anytime a value investor of note buys a dog it stays that way for quite awhile, but when you least expect it this stock may double in price while getting paid a dividend.
There is tremendous moat in this company and growth in air conditioning if we can start building up that hot area called Africa. But first we got to kick out that tyrant in Sudan.
St. Patrick was known for converting the heathens to God abiding citizens in Ireland, PEACEFULLY, so why can't we do that in Africa?
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