At The Motley Fool, we've long advocated buying companies, not stocks. That means acting like a business owner and buying slices of companies you would want to own in their entirety.
One of my favorite businesses is Trader Joe's. The combination of a quirky atmosphere, tremendous food, expanding stores, and high sales per square foot have me captivated. Every time I shop at one of its locations, I admire how it achieves so much (an estimated $1,750 in sales per square foot) in such a small space.
Unfortunately Trader Joe's remains a private company, owned by the Albrecht family trust in Germany.
That sent me on a mission to find a company that could match Trader Joe's incredible operations that i could own, and I found it.
Austin Smith has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.