That’s true. At one point all the rusted on true believers were saying Novartis was going to be the big multinational with the gravitas to validate it all with a big deal with MSB… then Novartis having taken a closer look, walked alway and the die hard fans did a 180 and then suddenly claimed Novartis have no idea and know nothing because what happened did not suit their narrative.
Apparently, Novartis’ deep expertise and due diligence is not better than a rusted on arm chair investor facing capital losses of 90% over 20 years.
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