What coal companies do you know of that have diversified into retail, insurance companies, taking big stakes in all sorts of non-resources companies. Big pharma etc etc. if you want something like SOL,WES or BRK you should invest in them. You are replying to justify your own narrative. That you are right and I am wrong. With all due respect you are dreaming. Yes the topic was Buyback, dividends and how to deploy shareholder funds. WHC’s view if diversification came when they decided to buy B&D. Plain and simple.
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