re: litigation with cba miles..."I prefer to trade stocksClearly...

re: litigation with cba miles..."I prefer to trade stocks

Clearly you prefer to gamble instead with very little knowledge of the facts."

Years ago I wrote a few rules that are as true today as they were then.

One of them is about "knowledge" and what you know and what you think you know

Trading my dear man is a gamble and you may chose to rationalise your "investment" decisions based on you do what you do because of the "information" you have

Whatever you know or think you know has been factored in

...what you know or think you know will be used against you.

Indeed the only real info which is useful is that which is "insider info" - but we all know that is illegal

So what we're left with is our money, our risk profile, our instincts and our trading rules.

Like I said, this is no more a gamble (better, really) than "investing" in an oiler or a miner who is still in the exploration stage

And that is not to say that is the end of my trading strategy. This is money that I've earmarked to the speccie end of the market.

I have my super etc for the more staid and "reliable" investments.

Now........how many of them have gone bust in the past 5 years???

Tooooo many!