RQL 0.00% 26.0¢ resource equipment ltd

Thank you for the compliment firsttothetable and your reasoning...

  1. 3,092 Posts.
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    Thank you for the compliment firsttothetable and your reasoning is sound, there should be a lot of money flowing back into RQL when the cheques have been deposited.

    I was reading a great speech by Charlie Munger (Warren Buffet's partner at Berkshire Hathaway) the other day titled 'Art of Stock Picking' which is an excellent read if any of you have the time. Easy to find on the internet.

    The speech contains much very sensible advice and Charlie really nails home the importance of seizing your opportunities and not trading too often, this from Charlie,

    "So you do get an occasional opportunity to get into a wonderful business that's being run by a wonderful manager. And,of course, that's hog heaven day. If you don't load up when you get those opportunities, it's a big mistake."

    Great advice and absolutely relevant to the company currently being discussed. These days I believe really will be looked back upon as hog heaven days in the not too distant future.

    Best Wishes to all.
 
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