intelligent investor, page-6

The TII article was probably the best they've ever written on TIM.

Their recommendation has cost me heaps over the years....but I can put that down to experience and learning lessons.

Their quote about TIM (courtesy of Charlie Munger) says it all: You can't make clay out of turds!

That's why I cannot beat up on TII because I knew that they had a crappy product...and still I bought their shares!

As TII have suggested, it's mop up time.