James Kirby
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Appearances Over Time
Podcast Appearances
It was like the origins of their business.
of their fortune.
So it just shows you, doesn't it?
You know, you can get it right, you can get it wrong.
And there's stories all around the world of people who got it wrong, isn't there?
It's amazing.
It's like you can have this company and they can do everything right.
And everyone can work really hard and they can be excellent in every way.
And if someone in the finance department gets the hedging wrong, they can blow the whole thing up or they can do very well.
So that's one of the stories I think that you should be aware of, folks, in terms of how the markets are going right now, how it really is happening, what's really panning out.
in relation to this oil crisis for our shares.
Just more generally, Eric, the US is tearing away again, really, isn't it, on Wall Street compared to our own market, even though they face more or less the same set of dynamics.
That is, they have had a, it's a global issue, right, the price of oil.
How do you think this will pan out from here?
Are we fated to watch the Wall Street sort of tear off again?
which for what it's worth, folks, returns 15% a year.
And we return nine.
That's a decade long average.
And I'm sorry to say that gap is probably going to be repeated this year.
I don't know if it's going to be 15 for them and nine for them, but I bet you the gap will be similar.