"Let's hope he has learnt when to close shorts." He hasnt over a period of 3 years !
What makes you so sure that this time is different ?
I just cant see where he's going..... the fund itself is and has gone nowhere for 3 years, the strategy hasn't changed and the fund isnt performing, despite a myriad of excuses and reasons.
Yet the blockh**d is adding to his position in the fund. The question has to be asked; is he just an extremely patient person (tic), is he aware of a catalyst for the fund that is going to make up the missing 3 years returns OR WHAT ? Or is he an extremely rich block**** (bloke) who is getting so much money from the actual management of the fund, that he doesnt have to worry about the fund returns.
I just dont get it..... perhaps I never will.... BUT, I bl**dy well hope that JB does and soon, for all our sakes !
ALF Price at posting:
$1.01 Sentiment: Hold Disclosure: Held