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Unsafe as houses

Mr Bearbull

Mr Bearbull
Unsafe as houses

Never hold shares in housebuilders. For proof that Bearbull lives up to this exhortation, I might ask: when did you ever see a housebuilder's shares in the Bearbull Income Portfolio? Actually, there has been one; but, really, just the one - Henry Boot (BHY), which was a successful investment in the early years of the century.

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