net asset backing..., page-19

I imagine most holders have been holding for a while. I certainly have and have an average of around $13. I also hold BBP and BBI. All these companies seemed quite safe to me when I originally invested in them (more fool me). I can't be bothered selling out now. I don't see the point. I am not bitter at BNB management. They had been doing a fantastic job before the whole credit crunch and the media incited this panic. I am an unsophisticated investor (clearly) and do not hold a degree in finance but but it seems amazing to me that great companies are being destroyed by problems started by sub-prime predatory lending in the US. The people these mortgage brokers lent to don't even have to pay back their loans back. We, however, seem to be paying it for them indirectly.

Sorry, just a rant and probably doesn't make much sense, but I just don't know what I am doing in the market any longer. It all seems so irrational.