Woodside, page-1121

I've increased my holding significantly today, the value stacks up here for me.

Has fallen further than I would have expected, which makes me wonder if there's something company specific that we're not aware of. Through experience though, I've learnt that, on average it's best to ignore gut feelings and unverified concerns and just invest based on value. Sometimes the gut feelings turn out to be correct, however this is significantly outweighed by the returns made when the investment is made based on a significant discount to intrinsic value and the market sooner or later agrees with your assessment.