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Terry Smith: “The problem is most people don’t read the accounts”

Investors' Chronicle

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The Importance of Margin in the Retail Business

The recent dm edition of amazon dot comas was a surprise to has your view changed on the importance of margins? O a, i think a couple fusins got me to the point. Inams em in the first esire ad to regard the turn on cates as far more important than a the margin. Caus you can have low margin visiters like costa, which or mit return.

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