Article: Defensive buying opportunites from falling dollar, page-80

"....it is simply chauvinistic to think because you bought RHC shares at a low price and then they continually went up that this will continue indefinitely
The world does not work this way because you are only using your experience to guide you you are blind to what is outside your experience. ... this baby is going to blow"

So what you are saying is that the growth in demand for hospitalisation services is going to stop, and reverse, meaning that the capacity expansions that Ramsay currently has underway will all be left standing empty and gathering dust?

Could I ask what you think is the magic elixir that is going to stop the ageing population from the need to attend hospitals?


"RHC pays a dividend that is less than bank interest"

Tell me, does bank interest rise by 15% pa like RHC's dividend does?


"If indeed you are sitting on years of profits, I strongly suggest you take them now"

What? And then have to pay a massive capital gains tax bill while I miss out on rising profits and dividends? In other words, you are recommending a course of action that takes money out of my pocket, instead of putting money into my pocket at a rate that is 15% higher every year?