Funny how market economics actually works when just today a discussion on Bloomberg indicated there was now a rush of sorts to steer investments to Utilities Stocks for the dividends provided versus that of a projected long term no growth world economy.
Thus, lets not forget to not invest in Utilities (electric) Companies as initially advised by the all knowing, boy genius, G.G.
Clearly you missed the entire focus of my post, boy genius. Traditional utilities for the LONG TERM will be a declining industry as self generation & power storage becomes more and more prevalent. But for the next 30-40 years they'll do just fine. They still have a LOT of lobby power, and there's always growth through acquisition. So there's a lot they can do before the self generation and power storage thing really becomes a viable option for individual homes.
Philosophically I'm opposed to companies who bully the market through their lobbying power; that's not capitalism...and I'm a capitalist.
