Agreed.
Someone mentioned management kicking the can up the road a bit further for themselves and that stood out to me. A drowning man will pull anyone under to stay afloat. When we are desperate we only worry about ourselves. It’s human nature.
So it’s either that or something a bit more interesting. Something interesting going on behind the scenes that we don’t know about.
Let’s hope it’s the latter.
Ann: Letter to Ineligible Shareholders, page-32
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