What about India?, page-25

Further to rallyup’s good advice about ignoring Mado – I’ve just placed him on the Ignore list along with the other serial pest haunting this forum – I think there are two options on what to trust:

(1) The unsubstantiated guesswork and ranting of an anonymous poster on a community forum; or
(2) The company’s statements.

Yes, I know that company statements can be misleading, can be revised, can spin the truth and camouflage unpleasant but necessary details, can prove to be wrong. So can analyst guidance, short sellers’ beliefs, media reports and the predictions of self-proclaimed market gurus.

In the end it comes down to “who you gonna trust?”. Personally, I go with company reports and announcements, however woefully lacking BAL’s are. Not because I have an idealistic belief that company’s always tell the unvarnished truth, but because it’s the lesser of two evils.