What a week, christ I didn't expect this.If I learnt anything from markets shitting themselves, it's that if you didn't shit yourself first, and you're in stocks that are fundamentally worth more than their current value, then jumping out will simply lead to you be covered in all the shit everyone else left.
I did this twice in BGS / MLL history, and in other places too. Not doing it again. Whilst it hurts to see 15% of my portfolio wiped in 2 days, I know that what's happening now is panic selling. If I'd sold first, I'd greedily be buying - but I didn't. So I'll sit on my fast-wilting laurels and wait for the time that everyone who pulled their money out starts to think sensibly and find value stocks, with little to no debt, that will be creating value for shareholders.
Zero debt, cashed up, a gold business ready to print $100m net margin just this year.... I'm annoyed when I look at my portfolio value, and I'm just as annoyed that I'm out of cash to add more
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