And back again, no doubt.:)
Printable View
I know nothing whatever about Balance's internal process, but when I take a public stand about anything, I find it very difficult to change my opinion. The more extreme my position is and the longer I hold it, the harder it is for me to change.
Will Balance be able to claw his way back from the gloomy abyss of his cynicysm and join the believers frolicking in the lush uplands of commercial success when the showers of dividends begin to bathe the fertile soil of their wise investment.
LOL - making good investments is not about making a public stand like 'hell no, we won't go' or 'where he goes, we go'.
It is about assessing a company as an investment proposition - its prospects, its management, management pronouncements & statements, etc etc and then, most critically tracking those critical success factors as the results flow in. Then, it is about managing and adjusting one's investments and portfolio - increase or decrease or maybe, just hold - to suit one's own appraisal of the company's prospects.
That's how I invest anyway.
Observe immho that the surest way to lose plenty or worse, all - is to pick a company and sail with it, come hell or hailstorms, until its eventual destination. I am sure there are many who wonder how and why they went wrong with Wynyard, Pumpkin Patch, Rakon, Telecom and dare I say, Chase Corporation.
Happy as always for others to do it their own way.
No offence was intended and I hope none was taken.
My comments about my own difficulty in changing a position or an opinion once I have adopted it were quite straight up and about me.
The remainder of the rave was intended as a light hearted reference to Balance's general attitude to PEB and I am genuinely sorry if I offended anyone.