Another point I forgot to add was that there was a strong relationship between GIP's share price and the FTSE index when GIP was listed in London. That strong relationship no longer exists. Make of it what you will.
It's interesting that despite the great depth of analysis and emotional debate that so many of us have engaged in over the years in an effort to try to work out where GIP might be heading and despite all the changes in political and leadership and so on fortunes, most of the moves in the share price over time have been strongly related to the wider market and sectors, as is the case for roughly 80 % of stocks at any given time. These things are far easier and less time consuming to follow - a lesson I'd wish I'd learned a decade ago.
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