Ann: SGH FY17 Results Presentation, page-168

I agree, but beyond that I would add that the bulk of investment bank analysts are not to be trusted in absolute either. Not necessarily because they are incompetent or dishonest, but a perfectly informed company is itself rarely existent, let alone a perfectly informed market.

Rigorous risk management and diversification even for what are seemingly the best opportunities are the best ways to preserve capital. Better that I failed in those regards with significantly less capital early on in my career. When the point arrives that I'm dealing with numbers like yours I'll be less inclined to making those same errors.