KGN 3.97% $4.45 kogan.com ltd

Ann: Becoming a substantial holder, page-55

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    But let me ask you this, what kind of a world would it be, if people were to enrich themselves through various forms of stupidity? Stupidity such as, jumping into the market without first trying to educate oneself, or taking a short term focus on price action, or getting excited simply because the price is going up, or buying simply because everyone else is, or selling simply because everyone else is, etc etc etc.

    The beauty of paying a price for such inanity, is that one gets the opportunity (though not the obligation) to learn from one's own mistakes. If one were to profit from such behaviour, on a sustained basis, there would be no opportunity - and that would be the ultimate injustice. God wouldn't be so cruel as to not give the opportunity of self improvement.
 
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