Ann: Trading Update, page-75

Yes this is true but I like their competitive advantage although glasshouse isn’t too bad either..

Its running the gauntlet and longer term this strategy is doomed to fail but I accept the risk and will diversify out in 3-5 years time once this isn’t so cheap..

There are 3 other stocks I like a lot but they just aren’t cheap enough and high enough quality businesses for the price that you I’m paying I.e exceptional quality and crazy expensive or good quality and good price but not great quality and great price like I see in dusk.