Roger's lost that lovin feelin, page-24

I'm not sure what the point of this criticism about Roger's access to management is. Clearly Roger claimed to have had access to Vita management briefings and not much doubt that he did. Clearly he bought at around $2.80 late Feb 2016 and sold at around the low of $0.85 ish in May 2017. Obviously he has underperformed on this trade. By the way he was founder of Clime, (and resigned in 2009) as referred to in someone's post on this Thread.
The only possible conclusion must be either that access to management briefings doesn't do you much good or that Roger's analysis is so bad that even access to management briefings doesn't compensate