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Way to go with TXI.

Yeah, I like ‘concrete’, too. One of my best holdings is Hanson Plc’s 6.126’s of ’16. On a tip from Scott, we both got in low 40s. I also own some of CEMEX’s 4.875’s of ’15 (on which I’m up 40% from my entry last Jan). So the concrete industry’s been good to me, as has been nearly any industrial bond. They tend not to fail like the fluff financials.

Where you and Howard are miles ahead of me is in your willingness to buy both the debt and the common of a company. I'm missing out on too much money by just sticking with the bond side of the bet, and that's a problem I need to correct.

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