If it was easy then everybody would be doing it. It takes hard decisions and belief to pull off this type of play. That and time. Difficult in a marketplace that wants everything right now.
I agree that hanging with the live trade guys is the easier play but I think that long term the current strategy will play out positively. Having Tavistock/Joe Lewis there and his teams belief in what they are doing helps to confirm and underline the decisions being made. Not sure what happened with Strong but I will bet that it revolved around this exact issue and belief in pursuing this strategy.
Buffett/Munger: Cattle Ranching is "Worst" business, page-27
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.38 |
Change
-0.020(1.43%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.37 | $290.7K | 209.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82812 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2730 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
