Essilor shines in the market

Essilor is the world leader of corrective lenses.

This morning its share price was up 26% since the beginning of the year, after a great performance in 2011. In ten years it went up threefold. Not bad, eh.

Essilor’s business may appear relatively innocent compared to that of, say, Big Pharma or the agro-food sector.

And it certainly is much less harmful than corrective eye surgery.

But the fact is that it thrives on people becoming ever more stressed and anxious.

Why?

This was explained in some detail in a previous post: https://leoforesta.com/2012/02/11/medical-technology-is-great-for-gdp/

In short, the more deep seated fear, the more tension in the muscles controlling eye globes, the more pronounced the resulting optical faults.

Essilor’s success looks like a reflection of humanity’s profound unease.

Therefore, no regret at all about not being one of their “happy” shareholders (many of whom wear glasses or contact lenses themselves).

Fear not, and go for natural restoration of vision.

Love,

Leo

Copyright © Leo Foresta 2012

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