Alan Bond was a top businessman and therefore infallible - until he went bust, Crypto's were the new Gold and a must-buy at any price cos 'technology' (and if you didn't understand that you were an idiot), the Pilbara was going to double the amount of Gold in the world....etc.....
The lemmings just rush from place and place and any of these millionaires and billionaires are Gods and everything they say is gospel.....right up to the moment they come a cropper.
Must be great to have lots of money and say 'buy this mob' and it becomes a self-fulfilling prophecy - further reinforcing your own infallibility. If this does all turn out to be hype, will the Togla legend be diminished or will he roll on to the next thing like it was water off a ducks back?
What about the guy whose sig was "I only ever buy 10 baggers", and he was in a stock which is an anagram of DAR which has never 10 bagged...he just quietly sold up and took it out of his sig.
Some of these spruikers of all this different stuff are just shameless, they just roll on to the next thing without apology or anything.
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