Ann: Net Tangible Asset Backing, page-2

Another piss poor effort. Shame Joshi and the rest left. Since they decamped it's been nothing but the same stopped clock - "markets are irrationally overvalued and will correct". No doubt they will. But when? And in the meantime the management fees are what exactly? Money for jam. Money for old rope. Money for an underperforming manager to keep playing the same broken record. It's ok for him, last year's jackpot was enough to last a few quiet years.

I'm finding this irritating. Being right doesn't matter. Making money does. So WTF can't the manager do some momentum trading like everyone else? FFS. The punch bowl is out. It's time to get up and dance. Ride some of those over-valued momentum trades.....for goodness sake. Milk. Lithium. Cobalt. Pot. Anything! Just do something.

Meanwhile Justin is sitting in the bunker with his tinfoil hat on waiting for the world to end............