KGN 0.22% $4.58 kogan.com ltd

Ann: October 2021 Business Update, page-26

  1. 59 Posts.
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    The market is full of idiots. The sooner everyone realizes that the easier it is to make money. You aren't betting against wolves. You're betting against the managed funds - basically small children ruled by their emotions.

    The holders are betting that a bloke who's done the very difficult and turned basically $0 into around $180 million in around 15 years can do the comparatively very easy task of another 5x or 10x return. The shorts are literally betting that he's going to lose money.

    It doesn't take a genius!
 
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