There’s a restaurant I pass often that is as expensive as it is mediocre. It closed recently, and a man experiencing homelessness promptly moved in to the covered patio.
Maybe it’s time to consider investing in the companies that provide such guards. They must be getting good business. After all, the Guardian,, estimated that in most parts of the world there are more private security workers than there are public police officers. When that happens, it is not surprising that the number of police officers murdered in the United States surged nearly 60 per cent in 2021. Or that, in Canada, moreAnd who can forget the chilling reports last year of how a gang of girls in Toronto allegedly stabbed to death a man experiencing homelessness? Or the disturbing string of subway attacks in the city lately?
Alas, I’m not smart enough to know the solution. I don’t know enough big words to write in policy papers. I’m only a hapless scribe who writes in a newspaper’s investing section. But this is a global phenomenon, and we can look at private security as a whole. The closest that I can find to a pure-play security-guard company is Securitas AB in Sweden, which in addition to guards also provides services in monitoring, consulting and investigations.
Don’t expect them to be like bitcoin and shoot up 100 per cent in a month. I view this as a long game, for I don’t expect the state of society to get any better, and slowly and surely, whatever urges that people have to hire private security now will only get more acute.
no kidding!
you would just love to see Erik Prince and Blackwater military contractors running around killing everything like in Bagdad .... wouldnt you
As investors or clients?