Doesn't matter what he said or predicted. The key component is...

Doesn't matter what he said or predicted. The key component is that little or none of it was acted upon which is a deviation from what their objectives for the "LIC" were. Granted I was one that questioned about investing in a non transparent "black box" believing that their "proprietary trading models" were indeed a guarded secret.

Put it this way. If someone like Geoff Wilson can be fooled by Stuart's kool-aid what chance has the average investor got? The recent frauds in the market and lack of oversight by the regulator really asks serious questions of the market's integrity.

You invest in something knowing full well the risks but not to be taken for a ride and lied to by directors who are supposed to act in the best interests of the shareholders.