MSB 1.29% $1.18 mesoblast limited

Ann: Change in substantial holding, page-14

  1. 16,589 Posts.
    lightbulb Created with Sketch. 8102
    "clever in hindsight"
    A useless trait in the pundit toolbox.
    Apply "foresight" and don't look back - it's how the world was built."



    The sort of foresight involved in buying a stock years ago at a price a multiple of its value today?

    That sort of foresight, do you mean?

    Or the sort of foresight involved in paying "multiples" of 15x years ago for companies whose multiples are still 15x, but their share prices are today many times higher?
    Last edited by madamswer: 25/03/15
 
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