Tuesday, July 07, 2015

The final ride

i have been a small owner of Tootsie Roll industries. It has been a good twenty year run. I enjoyed my annual 3 percent stock dividend. More than anything else I enjoy the products. The CEO died in his 90s. His wife is in her eighties and it looks like the. Company will be sold in the next year. Hopefully it will be sold to Mondelez or Hershey who I own.

I love the ever increasingly hard to find big tootsie roll. I also have a soft spot for Dots. The older grandaughter likes Dots also.

When the company is sold I will make a small profit, Yet unlike most companies that get bought out I really will miss
The fun and reliable we'll run company with products that are part of my life story and in some odd places in military history.

I did buy a tiny block but I hope it will still be in my portfolio at New Years.

2 comments:

Ducky's here said...

Do you ever eat anything nutritious?

beakerkin said...

Guyanese Produce you never heard of.