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24-05-2016, 04:18 PM
(This post was last modified: 24-05-2016, 04:25 PM by specuvestor.)
^^Yet again the lesson to learn is: Don't mess with Wee
(15-04-2014, 02:54 PM)specuvestor Wrote: This is not an advise, just stating what I believe are facts. Caveat emptor.
1) Forget about realising the FULL value of SL. Give and take, likely give more than take. Wee don't take bad deals.
2) Do you have faith in Silchester to extract value from tough guy Wee?
3) Is liquidity an issue for you? Otherwise you can sell in the market and an offer is not as important to you.
4) Can you outlive Wee. Peter Cundill is dead
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
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Wee is not immortal. Catalyst will come one day. See Jopie.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Of course. So it is whether you can 4) outlive him
In general execution wise, one then have to consider whether to do now and wait for catalyst; or wait for catalyst then do. Very different psychology and timeframe.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
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(24-05-2016, 06:25 PM)specuvestor Wrote: Of course. So it is whether you can 4) outlive him
In general execution wise, one then have to consider whether to do now and wait for catalyst; or wait for catalyst then do. Very different psychology and timeframe.
I hope so, but that is beyond my control..
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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