Phil Oakley's Weekly Roundup 

Does Games Workshop's management have enough skin in the game?

Does Games Workshop's management have enough skin in the game?

Games Workshop (GAW) is an excellent business which has been managed well. Its profits and share price may still go higher, but having banked a very quick 15 per cent gain since the start of 2020, I have decided that I do not have enough confidence in the business' sustainable revenues and think the valuation and operational leverage are a risk. I have therefore sold my holding in my fantasy traded UK Quality Shares portfolio. 

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