#474618
Postby Pastcaring » January 20th, 2022, 3:33 am
I do enjoy a laugh.That infinite stupidity in the echo chamber,in delusion land ,on fantasy world.
Jimsusan bought shares in Lloyds bank , insert name of company here went bust.So in fantasy world does this prove that those 2 companies are going bust The infinite stupidity of don't buy buy them,they go bust overnight,you lose all your money,you lose you house,your dog elopes with the cat down the street and you never see it again To repeat,nothing will ever shatter those dumb delusions they want to believe in ,that madness/ insanity of crowds and group think.
Same question that was asked right at the start of how to make a million by doing nothing,apart from laughing at the herd of course.All companies in Australia are going bust,all banks are going bust,every company in the world will go bust,all because Jimsusan bought shares in Lloyds bank ?Which is it?You really have to wonder and laugh at the insanity and the popular delusions .I don't expect an answer from fantasy world,there are never any answers from fantasy world.
Now as was highlighted a few years ago WES: ASX,an excellent company to own,the Australian Berkshire Hathaway.At the AGM ( curtailed due to COVID that is virtually non existent here in WA) it was the usual friendly chat and a beer with the board.Who could fault them after such excellent returns forever .
While I have owned them since 1998 or 99 I don't check them,very happy with the board and board renewal .They just seem to get things right..Reading the annual report caused me to check the returns,they've doubled your money in the last 3 years .
I looked at the returns for the last 3 years after reading the chairman's message. Mick is usually good at common sense,which of course ain't common and totally wasted on here,and on 99% of the human race.
The chairman's message is on page 8 and 9 of the last annual report.Investing summed up perfectly in 2 paragraphs,delusions shattered.Oops no chance of those delusions . ever being shattered.
Well I can hear the herd being summoned back to the echo chamber,on delusion land,on fantasy world,the herd had better run to the chamber. Remember,at every opportunity keep repeating Jimsusan bought shares in Lloyds bank..This proves that the delusions are real and facts and reality just don't exist,and never have or will .
Imagine,investing is as simple as buying shares in quality companies.Who knew,who could believe it,who could even begin to believe it .
Crack on with those popular delusions and madness/ insanity shall we.
Remember,denial is the most important thing on fantasy world When denial stops the insanity and delusions disappear instantly