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"Wm Morrison"

"The UK's fourth-largest supermarket doesn't make it into Woodford's top 10 holdings, but it is significant as the only supermarket -- indeed, the only retailer of any shade -- that the master investor deems worthy of backing."

All too true, and the subject of a famous investment divergence between the Neil Woodford and the Sage of Omaha when last year our UK guru disposed of all his Tesco shares at a knock-down price.

Tesco was low p/e then all right, but less so now. Time will tell who got it right, but I know who my bet's on.

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