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I sometimes wish that in my early, rather speculative, investment years I had held tightly shares in good companies that always seemed to be a bit expensive. My fault (one of several) was to buy the occasional good company at a fair price, but then sell it as it became expensive, or to my mind the value had outed. Thus I sold Reckitt years ago at less than a fiver; same more recently with XP Power, and ASOS and... there are others... oh yes, Avon Rubber springs to mind which is in the news today.

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