RE:RE:RE:RE:I suspect that Hedge Funds are shorting
Bud, oh yes absolutely I am open to bailing on such developments. If I felt that way, I would not be monitoring developments obsessively as I am. And I agree that all sorts of things could happen between now and 5 to 10 years that could require me to say I am bailing. And with so many different moving parts there is a potential for something going south, say an ENRON type scandal with CRH, heaven forbid, apologies to Monty. No strategy is perfect and one has to have the discipline to recognize that initial assumptions no longer apply I read today that DOCUSIGN fell 40 per cent on poor earnings, because people are not needing to sign documents remotely anymore and with the vaccines apparently are returning to signing in person, the old fashioned way. Something of that nature could happen with WELL, but to date, the numbers suggest phenomenal organic growth in the virtual services part of the business with no slow down whatsoever. We are not going to be immune to scandals with a company this large, and I would need to assess the nature of the scandal to determine its relevance. I think there was some ridiculous scandal pointed out in one of the SHORT reports that was so irrelevant to anything that it was laughable and I honestly do not remember what it was. If our CEO develops a crack cocaine addiction, a la the former mayor of Toronto, I am out. Or if he starts investing firm money in cryptocurrencies I am out. If he starts aligning himself with neonazis I am out. More realistically, a serious data breach which could cause a major crisis in the company which promotes itself as being on the leading edge of cybersecurity, that would be a blow to the company that would be hard to recover from. I am not expecting perfection, but certain things will be unacceptable and I will take my money and move on to my next "become a billionaire" fantasy.