Donald Trump's national security advisor ( Michael Flynn , a former 3 star general ) has had to resign , just weeks into his appointment ...
... and what relevance has this to Slater & Gordon , you ask ?
Just this ; good people , smart people , people who are usually level headed , steady and very normal ... they occasionally screw up , they occasionally have a brain fade and do something monumentally stupid ...
... because at the end of the day , they're still fallible human beings , with stinky arm-pits and poopy bottoms , just 'like the rest of us ...
So ... one day you're the head of a super successful Australian law firm , you've got a net worth of $ 50 million in the company , the media love you , your shareholders are adoring fans ... and the next day , you spend a $ billion on a UK acquisition that even Arthur Daley from Minder wouldn't had dreamt of selling to you at one tenth of the price you paid .... you've crushed your investors and your own fortune into the dust , you've become the pariah of the investing world , and the bankers are at your door demanding their pound of flesh ...
... and that is because AG is human , and he stuffed up ... and I reckon he's figured that out for himself by now ....
And , as we've spent $ 1 billion on given him an education ... let's keep him at the helm of the good ship , and demand he fix the things he's buggered up !
SGH Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held