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Wednesday, August 25, 2010 9:33:31 PM
I think every board needs a Cobraman. I read all of his posts and find him intelligent and thoughtful and philosophically compelling. One of my favorite posters.
Two other favorites are slbrown and goedan. They have worked hard and are also voicing honest opinions. I read all of their thoughts and contributions.
My point is we need dissenting opinions. Especially on company boards where the enthusiasm creates a one sided atmosphere.
I worked full time trading for 15 years. I now am almost totally retired now and loving it. During the last sixteen years I lost more money believing well intentioned enthusiastic posts than I ever did following skeptics and cautious investors.
l also was fortunate enough to make more money than I lost by reading both the pros and the cons and and also other various contributions.
My point:
Criticism and contrary opinions are needed when they are thoughtful and intelligent and honest. Also hard working people who are "flag waivers" and who contribute so much of the research are vital. categories.
Every board needs their sl's and goedan's and their cobram(e)n. Thanks to all of you and to several other outstanding posters on the two boards.
My hat is off to all of them, and as stated, to several others.
Thank you.
Jerry
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