Afternoon Chippers,
Just came upon this at the crapper,
Time stamp: 16:16
Posted by hOOts,
In the pls thread .
Gathering of fund managers, aka WANCAS , once a year , come together to pat each other on the back and raise funds for charity.
Thay give their thoughts on the year ahead.
Apparently ,
BRN is ranked 7th , with a ( short ) ranking.????
WANCAS.
Don't shoot the messinger.
Just thought I'd bring it to everyone's attention.
Esq.
Some of those shares they recommend for Long are absolute lemons.
Looking at all last year's "top" pick returns/ results I can conclude the following thoughts
So if it's a short on their rubbish list that's a double negative right? Which actually means it is an overwhelming endorsement of BRN - a very positive result (albeit from a bunch of peanuts that regularly fail to outperform the ASX)It was 7th on their rubbish list, as a shorted option.
Calcutta 2023: Australia's brightest investors name 17 top stocks for the year ahead
After two years of events forced online by what now feels like a distant memory of a pandemic, hundreds of the Australian funds management industry's finest flocked to Sydney's Ivy Precinct last night to name their best stock ideas for the year ahead. Now in its 23rd year, the...www.livewiremarkets.com
Well at least here in Sydney we have the comfort of knowing we have a large desalination plant laying idol just waiting for when it never rains here again.Ahh this bloody rain FF, I'm sick of it - 3 crap summers in a row and the one before that was full of smoke from bushfires - go figure. I'm sure at some point in the future we'll look back on this disruptive period through nostalgic glasses - 'ahh those were the days - bushfires, floods and the BRN share price was only 87c. Ha remember that, we even had to drive our own cars.....and now AKIDA keeps us all wealthy, healthy and happy'
Ahh my first gin and lemonade must be kicking-in, thinking of hot summer afternoons and test cricket......
Happy weekend FF and fellow chippers. Stay strong, our time in the sun is coming
Must be something in the water in January.Happy birthday for next week TechGirl ,
It's also, Mrs Learning, Learning's son and sister. So that would be a great present for them and you .
It's great to be a shareholder 🏖
Vanguard are long term investors and very clever.Investment for the future is a big learning curve, sometimes small retail investors only look at short-term goal and buy and sells with daily emotions.
The like of Vanguard looks at long-term strategies. Us small retail investors need to think like Vanguard and have long-term strategies to be successful in the sea with the sharks.
Always have a plan, learnt enough to know about your investment. So I thanks 1000 eyes for yours generous time to educate me, when I am still learning.
Learning
It's great to be a shareholder 🏖
I think the recommendation to short BrainChip is indicative of the scuttlebutt which is the stock-in-trade of these sophisticated traders.Looking at all last year's "top" pick returns/ results I can conclude the following thoughts
1. I'm more confident now that brainchip will have a bloody good 12 months
2. The best and brightest so called fund managers don't have much of a clue if they think the best investments out there involve shorting a stock.
3. A monkey could of thrown darts at the asx company list for the past decade and made money, now it gets harder (with increase in money market rates) and judging their results last year proves this
4. Fund managers are basically sheep that follow each other around with little research into stocks apart from looking at a computer screen analysing candles
5. Fund managers don't deserve the outrageous fees they charge people
6. WANCAS = Clowns
Cheers @Foxdog .... Enjoy!Ahh this bloody rain FF, I'm sick of it - 3 crap summers in a row and the one before that was full of smoke from bushfires - go figure. I'm sure at some point in the future we'll look back on this disruptive period through nostalgic glasses - 'ahh those were the days - bushfires, floods and the BRN share price was only 87c. Ha remember that, we even had to drive our own cars.....and now AKIDA keeps us all wealthy, healthy and happy'
Ahh my first gin and lemonade must be kicking-in, thinking of hot summer afternoons and test cricket......
Happy weekend FF and fellow chippers. Stay strong, our time in the sun is coming
A calcutta is a form of gambling in which the "contestants" are auctioned to the highest bidder, with the collected funds, less the promoters cut, being allocated to the prize-winners (1st, 2nd, 3rd). Maybe it's a technical way of side-stepping gambling laws?
We WILL see who has the last laugh!I think the recommendation to short BrainChip is indicative of the scuttlebutt which is the stock-in-trade of these sophisticated traders.
If they understood the true technical advance embodied in Akida, its market potential, and its technical/commercial alliances, would they come to the decision to short the stock?
They are just parroting the locker room talk that the market manipulators would have them believe.
As they say he who laughs last is slow on the uptake (or just plain thick)We WILL see who has the last laugh!
But is there any mention of Brainchip being used as yet ????