anyone on this stock?, page-6

To answer the question- yes.

I have now been a relatively small holding for a couple of months.

What attracted me was the high percentage of trailing commissions. It acts as an agent for other financial institutions so doesn't take the liabilities on to its own balance sheet. Its franchise are incentivised to sell product, and more importantly it is a long established brand which does not require large amounts of capital to grow.

If I look at what Warren Buffet looks for in a stock this seems to tick most of the boxes.Even a sustained period of low interest rates will not impact them because of the way the commissions are calculated.

Interested in other people's view.