Conflict of Interest
As I was walking to the bus stop on Tuesday and passing the motel on Albany Highway, a lady stopped me and asked if there were any decent supermarkets nearby. I replied that Westfield Carousel was just down the road. She didn't know anything about Westfield Carousel. So I mentioned that there was a Coles and a Woolworths supermarket inside. Oh, yeah. There is an Action supermarket across the road from Westfield Carousel.
"What's Action?" she asked.
"It's owned by Foodland", I responded.
Then I told her about the Coles supermarket in a shopping centre that was a little bit closer. She thanked me for my help.
Did I mention the conflict of interest? I have shares in Coles Myer, Woolworths and Foodland. I may have been helping her out but I was due a share of the money that she spent. Not only am I careful about spending my money but where other people spend theirs as well.
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