donz't hold never have but.., page-15

Wpa
The only reason our market has struggled relative to the rest of thenworld is we have higher bond yields which is the measure that drives relative valuations.
As for Twiggy, he Is a custodian of your capital being shareholder funds , he has leveraged those funds to buggery so as to note dilute his wealth or ownership to the extent were he is risking his wealth and that of many g many others much poorer than himself. This is not to say he has some good qualities through his hiring policies but I think it's ridiculous to say its the toll poppy syndrome . I couldnt care less is he makes 1 billion or 100 billion , good luck to him , but this doesn't prevent anyone from stating what seems obvious , the company has been leveraged to high and it is now in a position that may result in serious wealth destruction. To claim a personal attack on AF or FMG ignores or undermines the very cold facts. Sorry WPA , I don't mind your posts but this one I think is misguided