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Is this where 'look through gearing' comes into play? This slide...

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    Is this where 'look through gearing' comes into play? This slide appears to show the debt in the equity accounted investments.
    I need to do more homework on this.

    When the market becomes fearful, I do more homework. What does the market know that I don't? Or is the market just reacting as a voting machine as opposed to a weighing machine? Warren Buffett quote.
 
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