Bagger in the Making, page-91

DD don't take my comments to heart. My opinion is worth no more than anyone else's and I just wanted to express a view about the psychology I read into the repeated "imminent re-rating" comments - I just think its unrealistic and all too often leads to disappointment. The ironic thing is if you are unrealistic about timeframe, eventually when it does re-rate, you will have been sitting on "idle capital" for far longer than you expected.

Put it another way - if CM8 doesn't re-rate within the next couple of weeks, you will be disappointed, I will not (if it doesn't within 12 months I will be). Conversely, if it does re-rate within a few weeks, I will possibly be happier about it than you, because you expected it, but I didn't.

Put it yet another way, being realistic about expectations maximises your probability of happiness...and profits

Cheers, Sharks.