Completely agree, David. Many thanks. All the best, -AM

On Five global themes we think will deliver strong returns - August 7, 2019 2:05am

Yes Michael, our global funds bought more shares after the Investor day.

On Does Challenger’s recent announcement imply good news? - July 24, 2019 11:40pm

Thanks Nathan.

On Does Challenger’s recent announcement imply good news? - July 24, 2019 11:40pm

Thanks all, great comments. My view is different and that the cost basis of the shares owned is not relevant (except for tax purposes). If the goal is to seek to profit-maximise from each moment looking forward, then whether you bought CBA shares at $10, $22 or $89, the profit-maximising course of action on each day looking forward should be the same under all scenarios (again, leaving tax aside). Hope I am making sense. All the best, -AM

On The hunt for red herring - June 14, 2019 4:21am

Hi Asad, Robotic warehousing will significantly reduce the operating costs associated with delivering online groceries to customers. There is an enormous upfront investment cost, however, which will ultimately be borne by the current shareholders of the supermarkets.

On Who profits from online groceries? - April 29, 2019 1:55am

Many thanks. We agree – we’re not particularly concerned by Europe’s exports to Turkey.

On Economic growth is still reasonably healthy - March 25, 2019 1:12am

Many thanks, Jehangir. Very much appreciate the kind feedback. All the best, -AM

On Economic growth is still reasonably healthy - March 21, 2019 5:53am