Ah Dan, You and I both know you’re a descendant of management....

First 2497 Last

Share
Profile

Follow
stove

1,812 Posts.

146

20/08/21

23:04

Post #: 55459322
Share

Originally posted by danpech ↑

The only person with confirmation bias is you.

You say you are a trader, which to me says you study charts, and not the stock. So , and I mean this in the most polite terms, you know jack shit about BRK and fundamentally how it works.

The irony here, which you don't understand because of your confirmation bias and trading is that BRK will be successful BECAUSE of the RFE failure. If you did your homework on the BRK business model you would know that it is nothing like RFE... yes it is essentially the core same team, yes it talks about land revaluation on drilling and reserves growth, yes there are horizontal wells being drilled and production. However, unlike RFE and all the other production based, reserve lending based shalers that have failed due over leverage, drilled for production volume rather than profitability and then failed because of oil and gas price collapse, etc, etc , etc, this experience has mean't the BRK management are determined not to follow that path , they have been there and done that. For many of us long termers who understand the fact that David has taken those lessons on board and completely changed the model to be a full commodity cycle model , is actually one of the reasons we back him now.

I cannot recount the times the BRK business model has been" explained", so I am not going to bore the HC's who have had to read through that again. But the most successful people are usually those that have failed, and learned their lesson.... and those that back someone like that, benefit from that learning.

No one here is saying BRK can do no wrong, it has but what it has done wrong up to now is dwarfed by what it has done right, and will keep on doing so.... that is why most of us who understand this are here.

Dan

Expand

Ah Dan,

You and I both know you’re a descendant of management.

We both know how this ends. Just make your money along the way. That’s the only aim.

BRK Price at posting: 2.7¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EBR

EBR reaches review milestone for wireless cardiac pacing device

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

There are more pages in this discussion • 1,129 more messages in this thread...

First 2497 Last

Add BRK (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $47.72M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$100.0K	10.00M

Buyers (Bids)

No.	Vol.	Price($)
3	1119645	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	43813056	27

View Market Depth

No.	Vol.	Price($)
3	1119645	0.010
35	26050484	0.009
15	3238655	0.008
6	3507000	0.007
4	6335000	0.006

Price($)	Vol.	No.
0.011	43813056	27
0.012	15295893	28
0.013	19559232	22
0.014	11735309	14
0.015	5049920	10

Last trade - 14.25pm 29/08/2024 (20 minute delay)

BRK (ASX) Chart

Ah Dan, You and I both know you’re a descendant of management....

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EBR reaches review milestone for wireless cardiac pacing device

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ah Dan, You and I both know you’re a descendant of management....

Top Stories

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

EBR reaches review milestone for wireless cardiac pacing device

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News