The X-E Side of the Market

If you gave me the choice between those three and 90% of other stuff listed on the ASX, I'd go with them any day of the week. They're great companies. Don't look at the share price chart. Look at what their profits have done over the years. Buffett also says you pay a high price for a cheery consensus. CSL is on a price earnings multiple of 44 or so. It's probably going to grow pretty well. But if the PE drops from like 45 to 30, 30 still a high, it's double the market average,. So it's not like a collapse in sentiment. But that erodes 30% of any upside that you're going