Value., page-230

I have respect for shareholders but i also have to deal with the facts. The sconi was sold cheaply and that is something we cant change. It is an imperfect business full of risks and no stock knows you own it.
Holders who have disrespect for management should consider selling and i think some have. No one likes it when things go wrong, ive been in two companies that have cost me over $2m each in losses, so i just move on. If you dont like losses, dont buy spec stocks.