Still hilarious listening to those trying to defend the indefensible.
immutable fact - as a financial investment Ibx is a failure
keep trying to convince yourselves how clever you are by persevering with management’s incompetence and your clever strategy of averaging down
dumb dumb dumb investing
fine if it’s a hobby, dumb if you are trying to make money.
a few posters on here have either fallen in love with Ibx or are too proud to admit they have made a mistake by holding.
Ann: 2021 Annual Report to Shareholders, page-62
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