I've Been Investing for a Long Time, but I Don't Hate You, Scott!

Powell: We'll actually answer our members' questions rather than ones I'm just throwing at you. Andy asks, how good are recently said IPOs that my 20 year old self believed could bag, could 10 bag returns in a few years? Scott says he thinks Telstra's grocery business is toast because they're living on volume and don't charge a flat rate per box or dollar of sales. And unless IGA grows, trying to grow with a shrinking customer base is tough for them.