Why I think ACL is ridiculously cheap., page-103

Ex, I borrowed that word from someone who I hugely respect in the investing space.I won’t mention their name as it may reveal a bit too much about who I mix with.

I had actually read the CSIRO report before. The CSIRO also did a report on green metals and which one’s were likely to go into serious long term deficit. Copper and graphite were tops from memory.

If I am required to chose one ASX stock for the rest of my days it would be CSL. It is already a world leader in health and has a wonderful pipeline of innovation at various stages, some early research and some just coming into production like the brand new haemophilia one shot gene therapy product just approved by the FDA. From memory it is priced at $200,000 per dose.

And I chose CSL because I believe it will eventually use AI in its research in such a way as to be trusted by the general community. CSL already has an enormous trust bank and will only enter AI if it can maintain its trust bank.

I will allow myself the luxury of nominating a close second. FPH another healthcare company that is an expert in assisted patient breathing and has developed a revolutionary process for surgery that slashes patient recovery times, therefore reducing the amount of time a patient needs to spend in hospital, post surgery.

And if I were allowed to choose a conglomerate I would close Berkshire Hathaway despite the fact that Buffet and Munger are due to retire when they die.

To reiterate CSL it was the first investment put into my grandchildren’s education trust that Mr and Mrs D. have set up.

Have a great weekend. And please don’t leave me hanging.