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Showing posts from January, 2025

Bonus Onion Rings

    In January 2025, Home Bargains founder Tom Morris paid himself 1 billion pounds after the company reported record-setting profits the previous year. As a Home Bargains employee for more than three years who has worked four consecutive holiday seasons with the company, I want to congratulate Mr. Morris for his astonishing achievement.       Naysayers may naysay, "A billion quid. Isn't that a bit obnoxious?" This illustrates how little naysayers know about business. Prior to Mr. Morris' somewhat generous payment to himself, he was merely a single digit billionaire, not even worth 10 billion.  Moreover, even the additional £1bn hasn't pushed him into that category in his native currency, although it may have put him over the hump in US Dollars and/or Euros. Most people simply cannot fathom the discipline required, the incremental patience necessary, to reach these levels currency by currency. Imagine yourself in possession of 7 sterling, a fiver and t...