About Soul Pattinsons, and the dunces that ignore what the ASX's...

About Soul Pattinsons, and the dunces that ignore what the ASX's second oldest company has achieved over my investment lifetime:

I remember two decades ago when Caltex/Ampol was called a dog at $1. At it's peak it went up past $30, with over a dollar in dividends just this past year. Soul Patts was in there for the ride.

Then there was the near-bankrupt Burns Philip, it slumped to around 5c. It got taken over at a dollar or so. Soul Patts was there for the ride.

In 1990 the geniuses behind BHP Gold decided to spinoff Newcrest because gold wasn't their thing anymore. The shares tanked below $1 around 2000, before hitting a high of around $35 with dividends along the way. Soul Patts was there for the ride.

So yes, if anyone thinks their research is better than Soul Patts' please keep us informed about how you are doing in the markets.

Personally, I don't have time to research each and every one of the 2000-odd companies on the ASX. I do, however, pay attention to what smart people & smart institutions are buying.