tarzan, you are missing the point entirely... good managers can...

tarzan, you are missing the point entirely... good managers can make money off average assets... bad managers can lose money on great assets... Groundhog may be a great asset, but it is the way it is being managed that is being debated.. and bob bell is only one part of the equation... and no i dont take comfort from $30k a year NEDs with no skin in the game... so to answer your question "say the government grants the company a BSP in Janury, what is the company worth?".... the answer is not much if the company cant get everyone rowing the boat in the same direction, and it needs to make good treasury and communication decisions

my new years resolution is to take investment advice from this guy.... no more brokers for me