I agree with Ume here. I spent the weekend doing background research and being concerned that the insinuations could have had merit. Combine that with the heavy market reaction I did think more than once that maybe the wisdom of the herd could have been right.
Of course I came around with the help of discussions on here that indeed the market had over reacted spectacularly.
If I was on the train going to work and saw the massive drop and had minutes to make a decision I would have reacted very differently.
Ultimately it's a lesson to know what you own and why you own it as the mystical Peter Lynch once said. But I don't think we should let the wisdom of a titan of investing be a free pass for poor journalism / editing from the AFR to instil fear. They clearly impacted investor decision making and I'm sorry I will never give that a free pass even if 'we should know better'.
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