The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.

Sunday, January 15, 2012

Che Guevara and Mercedes Benz



I do not wish to make a social commentary about the contributions to mankind by either Mercedes-Benz or Che Guevara, but it is my feeling that for both it is more about self serving profit rather than any kind of decency for human conditions.

That said, at the CES convention in Las Vegas last week Mercedes unveiled an advertisement for their company using an image of Guevara with a Mercedes star on his beret. How supposedly sophisticated companies can make such embarrassing tactical marketing blunders is unimaginable and leads me to believe it was intentional “Guerrilla” marketing. (Pun intended).

(It reminds me of when I went to visit the Lake Powell visitor center in Arizona and books by both Everett Ruess and Edward Abbey were prominently on display. Everett Ruess did not live long enough to see the Glen Canyon Dam, but Abbey hated it and would have blown it up had he had the means.)

A little research by Mercedes would have revealed a controversial figure associated with hard-line communism rather than commercial luxury automobiles. The easiest and most cliche comparison would be using Adolf Hitler to advertise for anything but I would like to propose a twist to this faux pas by stating that it would be similarly poor form for the Iranian government to use Albert Einstein's image to try and sell the value of their nuclear power program.