browny144:"...and I've been asking myself the following...

browny144:

"...and I've been asking myself the following question: what would it take an executive at Woolworths (insert any Company name here) to do the same damage to his/her shareholders?"

Exactimo!

That question - and others like it - are what we should all be asking ourselves prior to investing in companies.

I think it was some remotely clever, understated billionaire old geezer and value investor from the US Midwest that once said something like:

"Invest only in the sorts of businesses that can withstand being managed by idiots because some day, they might just well be."