What's the difference between being wrong in your investment thesis or getting in on the next bubble (eg hydro) to early?
Nothing. Both are wrong.
LNG/oil here for a long while yet, enormous cash flows/dividends in the mean time.
And do you know what, if super funds don't want to invest in WPL, private equity will.
It's worth noting that Australian Super are heavily invested in fossil fuels. Keep it real people.
PS Kenso, didn't mean to intentionally reply to your comment, that was an accident. More a comment for the thread. Cheers
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