Ann: 2024 Strategy Briefing Day presentation, page-9

A hat tip in your direction Sir.

As @Burgerbuns quite rightly stated WES is a quality compounder.... just read the annual report and you will read "The Wesfarmers Way" is to return a satisfactory return to shareholders.... the primary objective.

The longer you invest the more you see absolute trash companies who have management and directors that only act to serve themselves- it should be criminal and punishable by law.

WES, like a few other companies that employ management because they demonstrate great capitol allocation skill, are all that you need to have a relatively risk free , financially rewarding portfolio. KISS principle personified.