Forget baby formula. Wine to China is the go., page-53

Disappointing to know that our recent selling has been from your portfolio Milesy but as you say, you have to make a judgement call.

I'm sure you won't think ill of me, when I say I hope you've have gotten it hopelessly wrong, and that you have indeed sold at the exact bottom.

Naturally, I write that with no disrespect intended and I sincerely wish you well with wherever you have decided to re-park your dry powder.

Gottalove...