I have the opposite opinion.
As a small investor who invests only based on my own judgement and someone who considered SGH but rejected it based on the short seller report there were warning signs for those who looked.
If it's impossible to avoid situations like these then how do you explain the many people who called it spot on in advance?
In fact I would blame this debacle partially on the retarded idea of diversification. The truth is that if you really understand a stock/industry and it ticks all the boxes for financial strength, long history, size, outlook and price then you really want enough that it moves the needle for you.
If you don't understand it and that's most people you shouldn't have any stocks at all.
It's fascinating how analysts/CEO's/Boards can whitewash their incompetence and docile shareholders s lap it up.
Something like SGH shouldn't happen full stop.
The fact that it did tells you that there's something rotten in the state of Denmark.
People shouldn't abdicate responsibility for their money to anyone else.
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