Capital Return, page-35

Interesting .. And good that PAC disclosed their source and relationships:

Created by PAC Partners "for wholesale and not retail investors" and "has not received fees on commercial terms". But they may own shares and do "seek to do business with companies covered in the report" ... therefore "may have a conflict of interest."

Seems quite a balanced report. Had a good laugh at their reference/warning re wasting cash in "geo tourism". Wonder if our well salaried geo tourists travel first class ?