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Soooo - who is selling - and who is selling and what underpins that sale ( why sell as a promotor ?) - other than the amazingly
helpful fact that BJ is not going to wear a tie
- more importantly what options will be entered into...? I have read the abridged stuff - but I am still not sure whether:
a) this lot will pay dividends consistently
b) will it be another pvt equity ++ surrogate
So either one buys and in so doing
"closes ones eyes"
Or one waits until there is somethign on the table to consder - and if its only one purchase - does that mean anything at all - answer not necessarily -so wait.
The fact is that there is nothing on which to take a decision - except "hope" - and while the object of my "hope" is a good dealmaker ( mostly.... a pharma business excepted)
a beauty business is pretty well "it" as we stand.I am hoping that early evidence of a design /purpose in the purchase-S will emerge. If its "all over the show " this could be very volatile counter(?)- as people
swing from despair into euphoria and back again with each new move that is made, BJ .... here is the last point - who besides the tieless BJ is sitting at the
I wonder how many of you saw Warren Buffett's "story" on the telly the other night - there was one point made( amongst many ) which struck me - and that was that Charlie Munger influenced his thinking towards buying good companies with underpriced shares as opposed to shares of businesses which are cheap but where the quality of the company is not in focus( ergo investment versus trading ?) . And of course with that goes the vital ingredient of time. And we mean lots of the lastmentioned.
For the novice like me that was useful..