Anyone considering putting more money into Wellard should try this: Take the money to your local casino and bet on either the red or the black - that will give you very slightly more than a 50% chance of losing. Buy Wellard and the loss odds will be much higher.
As Warren Buffett says: “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
Wellard is one very leaky boat.
WLD Price at posting:
22.0¢ Sentiment: Sell Disclosure: Not Held
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