“Separately: Greggs looks like a fine firm, I'll look into what more I can learn. Is it even OK for a vegetarian to invest in a place known mainly for its sausage rolls? (just kidding, I'm fine with it)“

Google Greggs vegan sausage roll. It’s a thing. You are catered for! BBC: Greggs vegan sausage roll boosts sales

Yes the U.K. market is interesting. Mainly it’s lots of not so exciting companies but there are one or two gems. I was shocked recently to hear on a podcast that a firm I know well, which is an outstanding software company was so completely unknown to US investors that when they tried to recruit a new CEO from the US, nobody was interested as they had never heard of The Sage Group PLC. Market leader in accounting and payroll software. Yes, the US market participants are not so interested in the U.K. it seems. And that is generally reflected in the respective valuations.

Now Sage is a great company but it’s not cheap. And the US has such scalability compared to the U.K. and EU but it has other disadvantages that have emerged in recent weeks for international investors.

Definitely look into Greggs. Watch the investor presentation on their website. It’s impressive and a delight for shareholders.