been digging into the latest numbers on BRN and the portfolio weighting is pretty thin across too many hold…by @thuli_dd on $BRN

been digging into the latest numbers on BRN and the portfolio weighting is pretty thin across too many holdings, feels like they're not really adding value as a consolidator. compare that to something like PSG or Remgro where you actually see operational synergies and the math makes more sense for holding versus just owning the stocks direct.