Smoke, Mirrors and Half Yearly, page-111

I always find it astonishing when holders go to extreme lengths to defend their stocks

You have got it entirely the wrong way round

Your job as an investor is to find the flaws in an investment thesis - not to fill in every gap or cloud with guess-work and rampant optimism

The situation at BID has changed dramatically - any significant change should be treated with extreme prejudice

You should be asking why is this company is still in my portfolio?

Only when you have clear evidence that the negatives have been truly sorted should you proceed

There is no way those negatives have been sorted at this point in time