@peterwoodland If you have checked my HC profile and some of my messages, you would have made an informed decision there lol. After all, we are both HC members way back. I was one of the organisers of HC gathering in Victoria long way back...
Hotcopper does attract lots of different investors thought its life and some have been posting. Mr Raper is no different to other investors however he does share his thinking.. eg; SeekingAlpha and his blog for a long time before he paywalled it.
Im just saying that like all investors, we "invest" with some information vacuum so when new important information arrives, new decision must be made.
What Mr Raper does really doesn't affect me. Im more interested in learning how others think. Even from what you are sharing. Just let's keep it civilized.
back to T20 = anyone under 5% will be moving in & out of a registry without declaring. I don't think he's in the T20 the last time I looked so he could have "dump" the rest of his tiny position [Tiny relative to his original position]
Let's assume he doesn't use Warren Buffet's BUY and Forever hold Strategy but Trades his position.... In that content, when His Investment Thesis has changed, so did his Sentiment.
I think the real issue that you are highlighting is that people just blindly follow others without fully "understanding" their risk. I certainly respect that type of thinking but I didn't learn those type of lesson in my early journey until it happened to me may years ago.
Anyway, respect and lets move on..
Ice.
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