is this guy stupid enough to back hgr, page-3

You've completely missed the point. What makes you think hero worship is involved here? The simple observation being made is that Mike Fitzpatrick is a highly successful investor (not trader). He built up his own successful funds management business (for investors not traders) and sold half to Westpac for hundreds of millions. He has a track record - particularly in infrastructure investment. When someone with his success, his acumen and intelligence invests a considerable sum of his own money (around $2m) YOU TAKE NOTICE. Being a substantial holder (51m shares) you will soon know if he starts selling down.