Topic 2: Patriot One Facebook group Hedge Funds have their own Analysts for only one reason: You can not trust CEOs.
One of the biggest myths in capital markets is that the CEO serves the interest of the shareholders. This is simply not true. CEO and executive pay packages have sharply risen over the past 2 decades while dividend payouts to shareholders shrink. If a CEO served the best interests of the shareholder then the opposite should be true.
Read this document from January 2018 on your Canadian perspective:
https://www.policyalternatives.ca/sites/default/files/uploads/publications/National%20Office/2018/01/Climbing%20Up%20and%20Kicking%20Down.pdf
Top performing Hedge Funds know they must find their own data on a company and not trust the soothing words of a CEO. Luckily the CEO of Patriot One has a cult following on Facebook and a Fairytale Crew on Stockhouse. They will believe anything he says as gospel. Fools.
Here is one example on May 13, 2018 from the Patriot One Facebook cult:
"I had the priveledge of speaking with John Martin (CEO) this week and all I am going to say is that if any one is in doubt or nervous please give him a call and let him know what your thinking. Trust me he will put your mind at ease. I have a large position and I am going to add to it this week. 2018 is going to be a hell of a year for my family and I. Very pumped for what's in store !!! Good luck to all. See you all on a beach in 2019 for the PAT FEST!"
Is this intelligent investing? Is this how top hedge funds gets their data? From a friendly phonecall with a cup of tea? There is a reason why retail investors always lose in the long run. They might get lucky for a while but they eventually drive over the cliff. I've seen this kind of talk before and it doesn't end well. Patriot One has very low insider holdings and very low institutional support. Good luck retailers.