Game Over!
Lesson Learned:
- Most CEO's are snake oil salesmen (not all)
- A NR is the pump tool of choice for a company
- The MT of a company oftentimes could be viewed as a Passel of Hogs
- The Venture Exchange has lots of 1's, 2's and 3,s
- In many cases Greed is the main motivation for executives
- Stupid people often find themselves in a leadership company - I quote the words of Warren Buffet "Buy a company that any fool can run because one day a fool will be running it"
- Guard against "expert" opinions and predictions and rely more on Fundamental and Technical Metrics
- Follow your own gut instinct and not an opinion transplanted by another 'more knowledgable' zelig or expert
I declare that I am pointing my finger to no particular person but just making a general observation that were based on previous investment errors that I made.
I enjoyed reading some very interesting posts and I thank every one.
I wish everyone a prosperous 2013