PV1 0.00% 2.3¢ provaris energy ltd

Ann: Appointment of Clarksons as Project Financial Advisor, page-146

  1. 7,518 Posts.
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    In my experience, smart money is often not very "smart". They're just bigger. Make more noise.

    People often make the mistake of reading too much into it.

    e.g. "Smart money is selling, therefore someone must know something more than me. It's a sell"

    Smart money gets it wrong just as much as they get it right.
 
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