Absolutely agree here. Yes he was regularly correct. But real insight and "smarts" would be to do this in a positive sense, spot when companies would be headed in a positive direction and help people grow their portfolio, not belittle people with such intensity and regularity.
I'm all for optimism, but without a 2nd bidder raising their head there's no way AA will have to pay more than 5.5p, even if the offer is rejected by shareholders (of which I don't think there are many of us anymore)
Investment strategies vary from person to person, and it is very easy to critique in hindsight. Nobody (including IBAB) was predicting a 5.5p offer. Yes, some were more accurate than others, but nobody was spot on.
I am certain if we were all in a pub it would not be as hostile as it is on here. We all want to be more wealthy based on the stockmarket, not all of us will be, that's the truth of it. But being "better" at this than others doesn't make you a better person.
Certainly newer than a lot of people here. Been watching quietly for a while.
I work in recruitment in oil, so understand how these companies work and the project life cycles, where I am missing any knowledge is on Mongolia specifically and the logistical, weather and government specific challenges here.