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#443668
Stephen Bland
Moderator

I don’t object to criticism but as you might expect, if I disagree I’ll say so and explain why.

As for Carillion, I don’t propose repeating yet again the reasons for my treatment of the share, having stated them extensively both on this forum and in TDL previously. I hold it too.

Incidentally, you are incorrect to say that my never sell advice arises from my concept of Strategic Ignorance. SI refers to ignoring long term opinion of a share, a sector or the economy in general when selecting a new holding. I gave in my earlier explanations on CLLN the reason for never selling, which is not due to SI.

Clearly TDL is only advisory and I’d guess that many readers add their own judgements to mine as you say and I have no quarrel with that at all. Whether that leads their portfolios over time to perform better than mine, as measured by the pattern of long term total income, is something only they will know.

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