Ann: Admission to AIM and First Day of Dealings, page-74

I sold the last of my holdings last night. To be up 300% in a year on my largest holding has been a great run. But the original thesis (discount to adjusted NTA) has played out. Its not to say LCM cant become a BUR and keep growing but not with my money.

Maybe thats why I never hit massive home runs (20 baggers). Good luck to holders. I think LCM is a quality company in a great industry - the risk is now valuation (in my opinion).