Ann: Investor Presentation, page-114

Hi Stoodstill and all,

I generally refer to it as gloating when someone takes pleasure seeing other investors losing money. Although strange here as I don’t see many longer term BBX players in that kind of position. It belongs to the realms of certain types of people generally of lower IQ and intellect although even some relatively smart people can often be seen enjoying a good old Gloat!

His last extremely feeble out the door statement as you say speaks volumes about a person.

I guess it’s possible he is not an underachieving loser; however, with comments like that one it’s easy to see how such a mistake could be made.

Just my opinion of course!

Cheers and very best regards: Andy