Monthly Archives: April 2014

Update No. 159 – 19/04/14

It may not be obvious in the share price, but EGP just had its best week of 2014. One cannot always tell when good portfolio construction will pay off; in fact it has a funny habit of coming in fairly rapid chunks for no apparent reason a lot of the time. But if we hold a portfolio with the right mix of businesses, which we think we do, we are quite sure it will come eventually. Our mix improved substantially this week, in ways I will talk about further in due course.

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