I made a fair amount of money (for me!) playing "catch the falling knife" with Air NZ in 2016 - bought while the price was tumbling, averaging down, then sold when it went back up - worked for me, but probably not the best strategy
Yep I keep telling myself to stop catching the falling knife but I keep on doing it. Hopeless!
Holding for now. I can't help wondering how much gas Rob Campbell has in the tank at his age, (probably because I can start to feel my own energy level's starting to wane a bit lol)
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Holding for now. I can't help wondering how much gas Rob Campbell has in the tank at his age, (probably because I can start to feel my own energy level's starting to wane a bit lol)
I agree with this Beagle and found it disappointing that Rob, who has done a good job at THL and SUM, would add SKC to his busy schedule 18 months ago.
I agree with this Beagle and found it disappointing that Rob, who has done a good job at THL and SUM, would add SKC to his busy schedule 18 months ago.
I have been to a few presentations of Rob C over the years and had a couple of discussions with him not that long ago. I think Rob has a very active mind and is a master in delegating to and motivating others. Even if Rob is past his best, which I doubt, I consider him still as one of NZ best directors.
Go to one of his presentations, see if you still think the same.
I have been to a few presentations of Rob C over the years and had a couple of discussions with him not that long ago. I think Rob has a very active mind and is a master in delegating to and motivating others. Even if Rob is past his best, which I doubt, I consider him still as one of NZ best directors.
Go to one of his presentations, see if you still think the same.
I agree with you Forest but my concern is that THL is FAR from a bunch of relatively simple Australasian business it was a few years ago and then as Iceman has pointed out the demands of the Chairman role at SKC who have many of their own complex issues are not inconsiderable either. Dramatically increasing the workload with advancing years and an expanding waistline is not usually a good combination of factors. (This dog thinks there's a major fight shaping up between FBU and SKC over the international convention centre that might require huge amounts of intellectual horsepower and time from both boards) https://www.nzherald.co.nz/business/...ectid=12203007
Last edited by Beagle; 12-02-2019 at 03:34 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Holding for now. I can't help wondering how much gas Rob Campbell has in the tank at his age, (probably because I can start to feel my own energy level's starting to wane a bit lol)
And I have the same concerns with Briscoes. How long will the Duke of Retail keep going ? Or want to keep going ?
What share programme are you guys/galls using as I would like to invest in a good but reasonable priced one? As I see lots of talk about shorts and longs and it does not make much sense without some sort of live viewing of what is happening at any moment in the stock exchange.
Last edited by Saffer; 12-02-2019 at 03:56 PM.
Reason: want to add
Originally Posted by oldtech
I made a fair amount of money (for me!) playing "catch the falling knife" with Air NZ in 2016 - bought while the price was tumbling, averaging down, then sold when it went back up - worked for me, but probably not the best strategy
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