Macro Trends, page-100

Hi Fraser. Totally understand the suspicion. I would be as well. It’s hard to grasp who is behind the profile on HC. The only way I can judge a person’s character and investing style is tracking their past posts.

Working amongst start ups and professionals in mental health. I noticed just how bad psychologists, doctors and nurses can be with their money. Start ups are forward thinking, however they make majority of their wealth via equity in their own companies. The thing with mental health professionals is that they suck at investing. They invest in the worst stocks by reading headlines and it gets so frustrating.

They invested in ISX and other companies I’m passionate about. I’m super passionate for the future of PAR. Think that will do well when they get their FDA approval.

Anyways, you have mental health professionals who you expect to be rational and research. And when the short selling event occurred and the suspension commenced. That created a lot of headaches for me. Constantly reassuring my work mates to chill out and relax. We decided that it’s a long term game. What’s the rush. It’s only been a few months. We discussed about holding for 10 years then consider selling. It’s a matter of willpower. I tell them, just research and remind yourself why you decided to invest in ISX.

I’m such a big promoter of rationality. And I use these posts to get my work mates to follow and read as they are terrible at researching. Awesome people, they just don’t understand businesses and global trends. For me, it can get exhausting reassuring them. I can understand a lack of exposure and experience in the stock market can create panic when things turn negative. But I remind them that they are selling rationality as a product to patients. They need to live by that philosophy as well.

So thats really my motivation to post. I’m not worried about ISX. They will trade again. I’m just exhausted managing the emotions of other people who are new to investing.

We actually get Day Traders and CEOs as patients and it interesting to talk to them about their struggles and pressures. Day Traders come in mainly for substance abuse and anxiety from having to perform on a daily basis. It’s so hard to teach a Day Trader how to meditate and just take life slow.

I was kinda tempted to do some digging on that AFR guy and see if he has been a patient in any Sydney mental health clinic. But at same time, I don’t want to be fired. I need the job to pump cash into stocks.

Hope that helps. Hope one day I can meet you guys at an AGM or something. Intelligential discussions are always stimulating.

I use Warren Buffet’s phrase for my work mates that have invested in stocks I suggest to them. And that’s “Stay the course”