CSL 0.46% $309.52 csl limited

Time to do a 5 for 1 split of csl shares, page-36

  1. 5,132 Posts.
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    Yes, I still have the shares I bought in the float. Pure luck, no design.

    With regard to continuous growth this story about London horse drawn cabs always comes to mind.

    In 1900, there were over 11,000 hansom cabs on the streets of London alone. There were also several thousand horse-drawn buses, each needing 12 horses per day, making a staggering total of over 50,000 horses transporting people around the city each day. To add to this, there were yet more horse-drawn carts and drays delivering goods around what was then the largest city in the world. This huge number of horses created major problems. The main concern was the large amount of manure left behind on the streets. On average a horse will produce between 15 and 35 pounds of manure per day, so you can imagine the sheer scale of the problem. The streets of London were beginning to poison its people. This problem came to a head when in 1894, The Times newspaper predicted… “In 50 years, every street in London will be buried under nine feet of manure.”

    Clearly it didn't happen. There are limits to growth for everything.
 
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