Only a dinosaur so close to the trees would be incapable of seeing the forest. If your fund manager holds or held Myer, DJs type retail they are an idiot. Holder of HN are being found out
Other than public servants there is ZERO wages growth and everyone is hocked to the nostrils and owns everything that can be bought
But then you have JBH and others that go up so go figure. FLT and WEB been pretty good too eh. HN just as capable of being $10 end of next year
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