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Tuesday, November 07, 2017 9:32:02 AM
Contrarian views never seem to be welcome, except by a very few. But that's the nature of pennyland. People think they're going to get rich tomorrow for having done nothing more than push the buy button. Anything that doesn't fit that narrative is dismissed as nefarious. The thing that folks don't realize when I post something that is contrary to the notion of getting rich quick is that I'm looking for some debate, I want people to think. Together we can push the boundaries of thought and knowledge. Instead, we gain a mindset and mire ourselves in it, dismissing everything that doesn't agree with that mindset.
My mindset is to find the flaw in the investing thesis, then avoid it. I haven't been able to poke many holes in INMG, which is why I'm still here. Everything in my portfolio has been vetted, severely. But I keep looking for that fatal flaw in INMG. Is it no moat to competition? Is it Tom's inability to pull this off? Is it a business model that is inherently limited in it's ability to produce revenue? Will the government come in a ruin the opportunity?
I sometimes wonder if social media and investing are a good mix. There's a lot to be gained by friendly debate from both sides of the INMG ledger, and we're not getting any of it.
$2.38 by Christmas! Yeah, Baby!
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