Ann: 6th Supplementary Prospectus, page-46

Afternoon @kvz

I have posted this a salient reminder of where I believe the presence of over exuberance and a lack of critical questioning can bring investors undone.

If you find some time - have a read of this stuff and tell me about what observations you can make with some of the more parochial stuff posted on this thread and the one I have provided a link to.

https://hotcopper.com.au/threads/2015-16-the-year-of-ton.2544540/

Or this : https://hotcopper.com.au/threads/2014.3938534/

I know that some of the mods know of this company and how it ended for tragically for many holders. It ended very badly for one particular holder. One of the mods wrote a brilliant piece (wish I could find it and share) about caution and the way contrarian posters were treated. It was very impressive.

The poster at the top of the page above was one of the strongest proponents of the company. He would give anyone who questioned the company a tough time. He also had a cabal of like minded supporters that willingly took up the 'call to arms' on his behalf. There were dreams of riches and easy fortunes and the obligatory disparaging comments towards non-believers. When it all fell over - even the contrarians reached out to commiserate.

As I have said on numerous occasions - I really hope QBL holders do well. In all of the time I have posted on QBL I have never wished ill will upon any poster. All I say to some of the more moderate holders is read stuff for yourself and always ask questions wherever and whenever you see fit.

Stand apart from the 'herd' occasionally - you might find it worthwhile and profitable. Seriously, what harm can it do to reflect seriously on a contrarian point of view - it could provide you with some information of an event or circumstance that you were not aware about. If not - simply ignore it. Nothing is lost.

"A little pain now for a lot of gain later."

If you use your better judgment, apply your critical thinking skills and listen to counter viewpoints you can limit the 'pain' to a great extent.

 

Just my view - after all.