By Lewis Johnson - Chief Conclusion I can’t tell you how many times in the investment business I have heard someone parrot to me the first quote above, Keynes’ famous line about how it’s better to “fail conventionally”[…]
POSTED ON
December 14th
- POSTED IN
Art of Valuation,
Replacement Cost
By Lewis Johnson - Chief Conclusion We have watched and waited for a decade for Potash Corp. of Saskatchewan (POT) to become cheap enough to purchase again. A few days ago, we finally pulled the trigger and decided to[…]