You said 'and it would have resulted in some rather nasty impairment of one's capital.'
Which as I pointed out was categorically untrue if you bought as a long term investment anywhere between 2002 & 2020.
If it's 'APA is one of the closest things to a fixed income security one will find.'
Then why would expect it to out performance inflation which is variable?
I don't agree with that statement either by the way because that implies that APA is a non growth, cash cow which it is not.
The opportunity in front of APA with regard to renewables makes it very much a growth share that just happens to be going through an investment phase.
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