You have to be careful because of the nature of the corporate structure.
More Quotes from David Herro:
Whereas Toyota is the world leader in autos from an operational perspective, they are still a laggard in terms of running the business for the owners. They do not appear to care about maximizing shareholder value.David Herro
We rallied the shareholders to vote out Mr. Saatchi, and then we told the board we were going to vote them out.
David Herro
It has the most significant port operations on an island nation. I trust the management and will leave it to them, but given the quality of the assets there seems room on the upside.
David Herro
I continue to think that, as a region, the Pacific Rim looks good. Brazil is still undervalued. Stocks from the U.K. and New Zealand are undervalued.
David Herro
The shareholders have done very well since he left. We probably tripled our original investment over seven years.
David Herro
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