Kyle Thomas Homan's  Instablog

Kyle Thomas Homan
Send Message
Chief Architect of Internet, GUI, Smartphones, Technology Enthusiast, Stock Market Advocate, Screen/Songwriter, Author, Latvian!
  • Diamonds As The Basis Of Making The Modern Economy Tick And Fastenal. 0 comments
    Mar 18, 2013 1:12 PM | about stocks: FAST

    Fastenal has consistently outperformed the market and enabled the industrial economy to thrive with superior tooling and supplies management. This company has returned 27 CAGR for investors since it was founded and with a P/E ratio of 37 it trades like a tech stock. The companies business model is simple superior tools and supplies for the enablement of an economy dependent on industrial diamonds. Diamonds are the backbone of the economy and with the diamond market tightly controlled by de Beers and Alrosa the need for an investment that enables the average investor to capture returns from a play on industrial diamonds is clearly there as Fastenal indicates with its consistent market returns. I recommend Fastenal to capture returns from diamonds and the management of the industrialized economy.

    Disclosure: I am long FAST.

    Stocks: FAST
Back To Kyle Thomas Homan's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Bond bubble is big!
    Jul 4, 2015
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.