Sunday, July 21, 2013 12:56:54 PM
For what it's worth,, I have always when deciding upon Hugh long term investments... Look at the CEO.. It's my belief I'm where I'm at financially because of that very tactic.. Hey company and all the rest of course..
Back in 06 I went in Big Time with a certain us automotive company.. Unlike others I went in due to the new incoming CEO.. Won't mention the exact auto company.. But it's now 7 fold up... People will disagree with me as to the reasons behind the Hugh gain... No bail-out among other reasons... I went in because of the incoming CEO .. Alan Mulally.. In 06 I went in deep.... Yeah I took a hit in 08 as everyone else did,, which by the way turned out to be temporary.. I have in front of me, my 10 year account history open.. So here's my complete past.. Sept 06 I went in @ 7.65 on the dot.. Went all in. Did it on the basis of Alan becoming the CEO . Did extensive research on the man.. I felt he would have this American iconic company and have it do a 360* to which he did just that... So long story short in 08' when everyone panicked and sold.. What did I do? I went and took out a cash loan for as much as I was accepted to.. And In the winter of 08' I took ever dollar I got and went ALL in.. Everything on the table... 401k loan,, borrowed from family and to be exact,, I have it pulled up now right infront of me, I went 000000 in at 1.75 .. What's my point, my main reasoning behind that bold move?? The CEO.. Bail out or no bail out.. I went in solely because of the CEO.. We all know what happened because its history... I understand these are two completely different sectors in reference to industry.. But the CORE issue in my reference is the CEO. I see certain similarities here.. No he DIDENT head Boeing,, but I can tell ya now--- Dhillon has something. That something is wide and varied.. I can see him taking this places....
Just my view on the guy..
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