new thread, page-168

Although Brambles has gone up due to TOL (one of my best) and AIO (2.84% I think now of a stake), I have never actually looked at them.

Boring as it may sound, QBE (as you probably have read in my posts on the that thread) was just fundamentally sold off in panic. Its great when you see so much emotion and frantic panic in such a **quality** organisation such as them. Did you have a read at O'Hallorans comments, particularly on the investing premiums and the underwriting of business. Top quality CEO and a guy that knows the business inside out!
Great business mix of classes as well.
Insurance may be boring (qbe) as may trucking (tol) as may a holding portfolio of quality businesses (aui), but why mix boring with good ol' fashioned making money and knowing how to do it....