And after past experiences with some CEO's - I don't have nay illusions about any of them any more - they are all out for themselves.
I have struck three pf them over 17 years who been classed in the "outright crooks" capacity. None of whom ever was brought to justice. Lots of people lost money on these stocked spruiked as "great."
I do not suggest or insinuate or infer the same of Kerry Stokes, or his company IOH in any way shape or form. Lile others, I am patiently waiting for better times ahead. But starting to wonder when the hell that will be! Good trading monies tied up - and going nowhere!
But to suggest he lies awake at night worrying about our futures with regard to OUR holdings would be a huge exaggeration, in my opinion. Perhaps I misjudge the man.
Most ultra rich people, in general, are all out for themselves and their own, when push comes to shove. It's all about their own bottom line, and their own family's benefit.
We just hang on to the life rafts and paddle, with optimism.. and wait for our ship to come in.
IOH Price at posting:
$1.77 Sentiment: Buy Disclosure: Held