grigor lacks credibility in my opinion, page-10

Have you heard about the story about a fox that tried in vain to reach a bunch of grapes that dangled from the vine above his head. The fox lept high to graspthe grapes but the fruit remained just out of reach of his jaws. After a couple of attempts the fox gave up and said, "these grapes are sour and even if I had some, I would not eat them."

Brokers are like foxes.

IN the story, the foxs action was to give up jumping for the grapes but this is in conflict with his opinion that the grapes were delicious. The fox changed his mind and so has grigor IMO.

However, in contrast, many investors tend to mould their opinions to justify their investment actions. While grigor has been wrong in the assesment of ARU, IMO, it is sometimes very important to actrively seek out information and the counsel of people that may help us to keep in touch with reality.

IMO, always seek out someone who can see the other side and more importantly, if you can only see reasons to buy a share, why would someone want to sell it to you?

2008