RAC Investor Hub Q&A, page-97

I don’t think it is right to broad brush HC as poor quality. For one I wouldn’t be invested in Race if not for HC and Wombat introducing me to it, and for all his and others amazing posts. One definitely has to make up their own minds about investing decisions.

I have also used HC as a sounding board where I had some stupid ideas like buying Race on margin and people very correctly warned me against it. Ever so thankful for it or else I would be crying everyday for the last year.

Whenever I come across a new company I quickly look up Hc and it gives me sentiment check, some good posts can highlight key risks without spending too much time to DIY. I believe strongly in what the book “How to get lucky” by Max Gunther calls “being in the fast flow”. You need to be where the action is, where the discussions are, where new opportunities are being discussed. If I stay in my bedroom with no rubbing of shoulders, online or offline, then very likely I will not get lucky. But getting in touch with an opportunity or stock doesn’t mean one goes all in and forever or talk sh!t about it on an online platform. It’s about taking the good with the bad, being measured and taking things with a pinch of salt etc.,.

TLDR- I disagree with executives who hate HC and sweep all discussions under the carpet as unfounded or misinformed. This may be true for Race, but there are some stocks where you better listen to HC posters than have the CEO in your ears painting a rosy picture.