This is the best post I've ever seen on HC. I know that what you're saying here is absolutely true. I've heard that from impeccable sources which I obviously won't disclose.
SLR exists for the benefit of management who are so absorbed in their extravagant lifestyle that they are now very ambivalent to the concerns of lowly shareholders.
"Lifestyle Company" ... that nails it.
Chart About to break upwards?, page-59
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