Necessary consumer industries are also called daily consumer industries and major consumer industries. Although these three names are different, they actually mean the same thing. Necessary consumption is mainly all kinds of consumer goods needed to maintain our normal life, such as drinks, wine, agricultural and sideline foods, etc.
The necessary consumer industry is also the industry with the most stable demand. No matter what the economic situation is, these daily consumption are indispensable to us. It is precisely because of this very stable demand that the necessary consumer industry is also one of Buffett's favorite industries. Many of Buffett's famous investment cases are in the necessary consumer industries. For example, Buffett invested in Xishi Candy, Coca-Cola, Heinz Food, which produces ketchup, and Gillette, which produces razors. , are all companies in the necessary consumer industries.
At present, there are four main indexes of the necessary consumption industry.
Shanghai Stock Exchange Consumer Index: Select companies in basic consumer industries from Shanghai Stock Exchange.
Shanghai Stock Exchange Consumption 80 Index: Select the 80 largest companies in the necessary consumer industries from Shanghai Stock Exchange.
CSI Consumer Index: Select the necessary consumer industry companies from CSI 800, namely CSI 300 and CSI 500.
All-index consumer index: companies in the necessary consumer industries are selected from all listed companies, with the widest coverage.