Originally Posted by
Balance
Haha - now I have seen the light!
Referring to a Carmel Fisher's article? The same Carmel who has delivered minus growth in her listed funds in 8 years, but made tens of millions of dollars in fees (heads she wins, tails you lose) while her investors lose millions.
Also, investing is not about taking a company's pronouncements and hype unquestioningly without critically examining its track record as events (like the company going back on its words and commitments to shareholders) unfold.
In the case of PEB, the hype has long gone by its use-by date for us seasoned investors. Only the sheep now follow the company's 'exciting this, excitement that and so excited about' pronouncements.