AAC 1.43% $1.38 australian agricultural company limited.

Buffett/Munger: Cattle Ranching is "Worst" business, page-32

  1. 19 Posts.
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    Not silly mate, economics & marketing 101 stuff. Your analogy of steel is not comparable to food/drink and anything that goes on/in ones body. The shortsightedness of developed economies to send commodities to developing countries only to buy back as value added products is finally being accepted as poor policy. Germany is the exception - no need to go into detail here. As I said previously, AAC need to focus on its high quality, clean, Australian product and market it accordingly. A no brainer - the $$ will come. Wish I had more funds to buy at these levels
 
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