Death is the only certainty in life

If there is one industry which is constant, and which is both recession and inflation proof, it must be that dealing with death and all concomitant services accompanying it. As the ultimate hedge against economic uncertainy, I would therefore put my Desert Island money on stocks in this sector. These include Service Corporation, Hillenbrand, Matthew International and Carriage Services. They collectively provide embalming services, caskets, urns, hearses, funereal parlour and cemetery real estate or memorial parks. The inevitability of death for everyone will keep demand for their services intact.