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Computer Chip Inflation is at Hand

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SC Public Radio
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While we continue to hear inflation worries from our contacts in the investment community, our next guest says he’s not too concerned. If there’s going to be any serious long-term price increases, he says that situation could develop in computer chips.

Mike Switzer interviews Paul Meeks, a chartered financial analyst and a professor of practice at the Baker School of Business at The Citadel in Charleston, SC. He is also a member of the SC Chapter of the CFA Society.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.