telling quote;"But he adds a note of doom. "In this instance, it...

  1. LZA
    1,858 Posts.
    telling quote;
    "But he adds a note of doom. "In this instance, it might just not be possible. I don't know what will win out, good management or terrible macro trends. But at this stage, I wouldn't be confident that management can do it," Mawhinney says"

    if you read Warren Buffett on The original Berkshire which went bust, it was the same story - only he managed to diversify before it went under.

    outlook for Europe is all downhill, but maybe they can diversify and keep afloat. who knows............
 
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