Ross Beaty:
"But buy a portfolio of companies and really focus on a couple of things. One is the asset has to be good. You can have a genius with a crappy asset and he’s not going to make money. You can have an idiot with a phenomenal world class asset and he’s actually going to make money. The stock is going to go up.
The second thing is: people are really, really important. But my first priority is to look at the asset, to look at the quality of the project that the company has."
No1. The asset.
No2. Management.
You can't change the asset, but you can change management.
Here's to hoping we get some new directors soon,
GM.
Add to My Watchlist
What is My Watchlist?