"I notice you got out of AFL, did you find something in the business model that created doubt for you?"
If I gave that impression, it was in error.
Because, on the contrary, I've been adding to my position in AFL.
(Noting that it is still a rather modest portfolio position given:
- it is a highly illiquid stock,
- it is still a somewhat early stage of its corporate evolution, and
- the long-term growth strategy execution risk is not zero)
