Thank you for your insights Charles, you unpack this in a way that is more cutting than WSJ or the FT. Reading in hindsight sure provides an added layer of clarity on future investing moves.
Happy New Year Charles! Quick question on JLP. Why JLP and not GDP? GDP has consistently delivered higher ROA, ROCE and ROE. Plus is expanding into Brazil (derisking + growth plan). Plus has earmarked divis for next year having got through its capex cycle. Also on a p/e of 2.
Thank you for your insights Charles, you unpack this in a way that is more cutting than WSJ or the FT. Reading in hindsight sure provides an added layer of clarity on future investing moves.
Right now, be aware that hedge funds are selling and retail is buying at a record pace. Read into that what you will!
Happy New Year Charles! Quick question on JLP. Why JLP and not GDP? GDP has consistently delivered higher ROA, ROCE and ROE. Plus is expanding into Brazil (derisking + growth plan). Plus has earmarked divis for next year having got through its capex cycle. Also on a p/e of 2.
Would be interested to hear your thoughts.