This is most peculiar indeed? At first glance I'd say these guys must be really dumb idiots?
But on second glance, I suggest you look at the weekly chart and checkout when they did their buying. It was done during times of panic selling and major falls of the bnb sp.
Now I'm asking myself - what do these guys know that the rest of us dont know?
Maybe Phil and Jim are smarter than we think? To me they don't appear to behave like people who have had their wealth and life's work decimated. Maybe the reason they smile so much is because they have managed to get us all believing in doomsday when its not so bad?
BNB
babcock & brown limited
becoming a substantial holder, page-10
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