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EPIC AA
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Before the flood...is the AA the most embarrassingly prolonged takeover of 2020?

So hello to a new lockdown in England from Thursday. I know technically it is a 'lockdown lite' but you can guess the likely impact on the more cyclical and lockdown impacted sectors come tomorrow's markets.  But that is the markets for you.  We all know the voting machine investor is everything in the shorter-term...so I look forward to battling with opportunities and threats and considering whether to get greedier as others get more fearful. To be honest, I cannot see gold being displaced as my largest sector allocation.  

EPIC AA
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The AA & oh-so-clever hedge fund-style shareholders v. oh-so-clever private equity potential business purchasers...

I have never owned or - to the best of my knowledge - written about AA plc (AA.). Briefly last decade I was a member before an alternative breakdown service was bundled into my bank account but I remember thinking it was a bit of a rip-off back then. Obviously some people (Neil Woodford) did not think it was a rip-off and built up a large double-digit percentage stake before having to admit it was yet another mistake...

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