who can understand this logic, page-11

value investing isn't dead... imho there's just something wrong about this stock

i've been reading reports that sovereign funds are eager to get some solid long term investments under their belt. so if this was a great long term buy surely it would've attracted some value investing cash

remember there's always someone out there with more information that the average guy and that's reflected in the share price

in the coming years we will know whether this was an example of market inefficiency or market prescience. i suspect the latter.