LRF

Great management and grossly undervalued (ie selling at a huge discount to NTA). Did anyone buy this fund manager? Presumably not. You have my sympathy.

Between 2008 to today, I have paid 45c to 67c to top up my LRF. Today, it is 87c. But I am still at a loss because I bought pre-GFC. However, my average buy price has dropped because I topped up. I have no doubt, bar a collapse in world market for whatever reason, that in the near future, I will be in the green zone.

The stocks this company invests in, have mostly been of good quality.