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TMF certainly does not want me to think that I am staring at 25% negative appreciation, do they?

This discussion brakes down when put in a frame of reference of TMF as a whole. Discussing fair value in reference to buy points on II means one thing while the same discussion on Rule Breakers is totally different.

Yet RB has fabulous returns as does II. So it's a comfort thing concerning investing style, not a right or wrong investing method.



who doesn't expect to see many RB stocks on II
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