Ville,
You complain of Burgess inaction.
But surely asset prices are now lower than during most of this time of supposed inaction. Had Burgess been your action hero, then I am sure that he would now be seen to have overpaid for assets, and you'd no doubt now be complaining about that value destruction.
IF burgess is to succeed by M&A activity then surely being patient and waiting for any bargain pricing yet to come would be the way to go? I still prefer to see us succeed or fail by emphasis on organic growth.
As someone down a third on this investment (vs the 80% I'd have followed the ranting one into diamonds) I sympathise with your losses, but with investment sometimes you lose even if overall you are successful. Can't blame companies simply because you paid too much for them, or hat he market has gone cold on them, or indeed on the entire sector.
EL
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Ville,You complain of Burgess inaction.But surely asset prices...
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