There were a couple of things I got wrong about the decision by Britain to leave the European Union. One of them was that they wouldn't leave, because in my mind that was a ridiculous choice. Ok, so Brits are ridiculous, we know that now. The second thing that I got wrong was that I was going to be able to get some great deals on British stocks. That also doesn't appear to be the case. Well, not much better than the recent price has been anyways. During any major market event, and I guess people seem to think this was pretty major, whatever, the first thing that jumps to my mind are stocks in consumer staples. In this case, food, booze, and bathroom products. You could drop a nuclear bomb on England, and you wouldn't be able to get them to stop eating Marmite. Well, half of them anyway. So I sought out shares of Unilever (UL). The chart this moment shows shares at $44.10, less than 10% off the month high, and not even the lowest price this month: I'm probably still going to go ahead and pick some up on the decline though. So for booze, that would give us Diageo (DEO), and we have a similar chart:So you know, for all the media attention that this Brexit thing is getting, the markets are just not that concerned. That, or what they might possibly be trying to say is that the rest of the EU is worse off without England in it. Even British Petroleum (BP) isn't seeing activity that's much different, and if there's any company I can think of that's having a rough time, it's BP:But no, it's the same chart action across the board. In fact, the S&P 500 is underperforming two of these names: So for now, I'd say the appropriate action is to wait if you think this thing could really get worse. Or maybe look into an index fund like the Vanguard FTSE Europe Index ETF (VGK).