Grizzly bear portfolio - keep it simple

[MHS]

About Government own businesses my view:

Rural Elect Corp

Just think of these things Owner of this Business - Government - which changes every 5 years Minister In-charge may change every couple of years 3.People who runs - Chairman & MD - will be changing also every couple of years before retirement. So no real urge to drive these “GOVT” businesses except few exceptional managers here and there in some PSU. As Public changes their interests every 5 years to elect a GOVT, so these business performance cannot be predicted.