{"id":27901,"date":"2024-05-20T08:41:17","date_gmt":"2024-05-20T13:41:17","guid":{"rendered":"https:\/\/www.wlbott.com\/?p=27901"},"modified":"2024-05-20T09:59:47","modified_gmt":"2024-05-20T14:59:47","slug":"spam-part-i-of-iv","status":"publish","type":"post","link":"https:\/\/www.wlbott.com\/?p=27901","title":{"rendered":"SPAM (part I of IV)"},"content":{"rendered":"\n

We blame UC#3 for today’s torturous tempest of a Spam BLOTT.<\/p>\n\n\n\n

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Gentlepeople <\/strong>– I am still waiting on Securities Exchange Commission approval of our WLBOTT <\/strong>fund but should have it by tomorrow. But I wanted to explain one of the investment choices. Our most Esteamed Senior Elder, UC#4<\/strong> (Se\u00f1or Viejo), has a strong affinity for Spam (the spiced ham product), so I have included Hormel ( the manufacturer of Spam) in our portfolio.<\/p>\nUC#3<\/cite><\/blockquote>\n\n\n\n

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https:\/\/en.wikipedia.org\/wiki\/Spam_(food)<\/a><\/p>\n\n\n\n

By Anon a mouse Lee – Own work, CC BY-SA 4.0<\/p>\n<\/div><\/div>\n\n\n\n

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Wikipedia<\/a><\/figcaption><\/figure>\n\n\n\n
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Detail from Above<\/figcaption><\/figure>\n\n\n\n
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Totally unrelated (Non-Sequitur)<\/h3>\n\n\n\n
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A Little Background<\/h3>\n\n\n\n
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Spam <\/strong>(stylized as SPAM) is a brand of processed canned pork and ham made by Hormel Foods Corporation. It was introduced in 1937 and gained popularity worldwide after its use during World War II. By 2003, Spam was sold in 41 countries (and trademarked in over 100) on six continents.<\/p>\n\n\n\n

[ed. note: we were unable to verify (we didn’t really try very hard), but we assume that Spam is not sold in Antarctica.]<\/span><\/p>\n\n\n\n

Spam’s main ingredients are pork shoulder and ham, with salt, water, modified potato starch (as a binder), sugar, and sodium nitrite (as a preservative). Natural gelatin is formed during cooking in its tins on the production line. It is available in different flavours, some using different meats, as well as in \u201clite\u201d and lower-sodium versions. Spam is precooked, making it safe to consume straight from the can<\/strong><\/em>, but it is often cooked further for taste.<\/p>\n\n\n\n

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\"\"<\/a><\/figure>\n<\/figure>\nWikipedia<\/a> \/ Image By Lhe3460 – Own work, CC BY-SA 4.0<\/cite><\/blockquote>\n\n\n\n
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Hormel: Are they Good Guys?<\/h3>\n\n\n\n

Hormel is not listed as a company that has pulled out of Russia in response to the invasion of Ukraine. (Wikipedia<\/a>)<\/p>\n\n\n\n

However, they are listed under “Companies providing donations and match funding to Ukraine”:<\/p>\n\n\n\n

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Does Hormel do business in Russia? No, according to their SEC Annual Report<\/a>:<\/p>\n\n\n\n

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So…. a little back-of-the-envelope altruism:<\/p>\n\n\n\n

$10,000 \/ $19,830,000,000<\/p>\n\n\n\n

= 5.042864346949067070095814422592e-7
= 5.042864346949067070095814422592e-5 %
= 0.0000504 %<\/p>\n\n\n\n

If you made $100,000 a year, this would be the equivalent of donating 5\u00a2<\/strong>.<\/p>\n\n\n\n

According to the WLBOTT Dept. of Social Justice Warriors<\/strong>[1]<\/sup>, Hormel is going to have problems at the Pearly Gates.<\/p>\n\n\n\n

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Semi-Sequitur: WLBOT Dept. of SJW<\/h3>\n\n\n\n

[1] <\/sup>Look out, Unilever<\/a>, WLBOTT is after your Corporate Woke-Washing Championship<\/strong> medal!<\/p>\n\n\n\n

WLBOTT <\/strong>has a long corporate history of hiring unpaid interns to staff our Social Justice Warrior division.<\/p>\n\n\n\n

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WLBOTT SJW Through the Years<\/h4>\n\n\n\n
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Spam => Magna Carta => Knights of the Garter => Love<\/h3>\n\n\n\n

So, so, so much to unpack…. (Palm Beach Daily News<\/a>)<\/p>\n\n\n\n

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These days, Savile, who oversees the SPAM\u00ae Museum for Hormel Foods, rarely uses her full name: Savile Collins de Montenay FitzAlan de Dinan Lord. Nor does she broadcast her lineage, which can be traced to the Revolutionary War and even before that, to the 1215 signing of the Magna Carta. Savile\u2019s ancestor Baron Foulques FitzWarin was present when King John of England put his signature on the monumental charter.<\/p>\n\n\n\n

Hormel Web Site<\/a><\/p>\n<\/div><\/div>\n\n\n\n

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Semi-Sequitur: Knights of the Garter<\/h4>\n\n\n\n

Please note the above connection of Spam to the Knights of the Garter<\/strong>. Hey, they started it, not us!<\/em><\/p>\n\n\n\n

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The Most Noble Order of the Garter<\/strong> is an order of chivalry founded by Edward III of England in 1348. The most senior order of knighthood in the British honours system, it is outranked in precedence only by the decorations of the Victoria Cross and the George Cross. The Order of the Garter is dedicated to the image and arms of Saint George, England’s patron saint.<\/p>\n\n\n\n

The order’s emblem is a garter circlet with the motto Honi soit qui mal y pense (Anglo-Norman for ‘Shame on him who thinks evil of it’<\/strong><\/em>) in gold script.<\/p>\nWikipedia<\/a><\/cite><\/blockquote>\n\n\n\n

Taking one for the team….<\/h5>\n\n\n\n

You can’t imagine (or maybe you can?<\/em>) the weird images we had to sift thru to bring you the Knights of the Garter<\/strong>.<\/p>\n\n\n\n

Oh, Grow Up…. and ‘Shame on him who thinks evil of it’<\/strong><\/em><\/h5>\n\n\n\n
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Back to Relative Normalcy…. Monty Python<\/h3>\n\n\n\n
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By Eduardo Unda-Sanzana from Antofagasta, Chile – Photo 02-07-14 13 04 42, CC BY 2.0<\/p>\n<\/div><\/div>\n\n\n\n