The cash show at say 47% is actually misleading it was at that to deal with the June selloff. They had ecclectically redcued it to say 27% to deal with the spring back in July. We will see what happened end Aug in around 2 weeks. They are right with Powell's statements at Jackson Hole last night and will be rewarded for that together with the US & China agreement on Audit of ADR's for Chinese stocks like ZTO, Alibaba & JD.com. The plan remains in place as does my confidence that they will deliver.
At present, it's me taking the risk with metal stocks, although I've had two to three decades and some training to deal with that.
We are "d'accord" on gas.
All IMVHO.
Ann: Board Transition, page-22
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