wealthy investors vie for opportunities with n, page-7

Re: I'm not sure why it has to be a competition.
This is not a competition, it is a forum for the exchange of ideas, similar to a debate. My post was directed at your suggestion that a good strategy is to follow others who are rich, even if having to pay 40% more than they do for the same thing.

Re: Spec shares defy reasonable analysis
It is not a calculated risk is you abandon analysis, it is a gamble just like going to the casino.

Re: Your risk tolerance is apparently lower than mine
It is presumptuous of you to assume you know what my risk tolerance is. I invest primarily in stocks outside the ASX200 and usually those with little interest on HC. I rely on my own independent analysis and judgement, never blindly following someone else.