On a recent visit to the big smoke( obnoxious ostentation its hallmark - but strangely engaging people ) I dropped in to a leading watchmaker to find out what it would cost to service my JleC watch. R7000.00. I also was told that to replace it with the latest version - simple gold dress watch , no complications, would amount to R181 000.00. So as I look at the price of CFR - 23% down ytd, I am thinking that my position is calling to be added to. If these guys are not bombproof asking prices like that and surviving then I don't know - and so I shall keep an eye on the price... As for this Brexit - well I was wrong - fortunately not alone - if there is any solace in that , its more than obvious to me that with 70% of Developed nation sovereign bonds yielding less than 1% ( are people crazy playing musical chairs like this?) the money is going to find homes - but those homes are going to change -because this is going to be like crossing the north sea on an ironing board