Yes, it could.
The translation of profits to pps is not very attractive, and, eventually, this is what will drive Your Capital Gains.
The Incentive Structure is Terrible, and as Charlie Munger (BRK) says: Incentives are Everything.
These two factors might improve, and when they do, we might establish a significant position.
Until that time, we're doing what the insiders are doing! ;)
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