Monday, August 13, 2007 11:50:50 PM
Aside from going to private school, this is one of the more expensive pieces of education I ever had.
Tried to do fundamentals analysis based on fake financials and fake assets. Good luck with that...
Funny thing is when I recount how many times I thought about selling during the buy-out hype, but the financial model I had built was telling me to hold... If I reread my old posts rationalizing the valuation of this company, I feel like such a dope. The saddest thing to me is that I got another bud of mine to invest. Luckily, he is so filthy rich that it didn't make a difference to him, but I still hear about it every now and then.
I still can't believe that Parkin signed the SOX certs without getting accosted by the wonderful group that is tasked to protect the small investors. I suppose I put too much faith into things that I mean much less to others than they do to me.
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