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Oct 20, 2014
1:00:09am
I think yer kidding,but it is amazing the # of CBers that apply this logic. It
reminds me of the guy that utterly miserable at his job at age 28. but, rather than making a decisive call and putting a good strategy together to rectify the problem, he deludes himself w thoughts that are no other options and the risk is far too great to plan a different path forward. That it really isn't that bad.

I fully get the "be careful what ya wish for" element w replacing Bronco. We really do need have a viable replacement rather making change for change sake. When the stock mkt cratered 50% in 08' & 09' I had a few clients who didn't listen to advice to scale outta stocks when summer 08' crisis started to look very dangerous. Of course, when the Dow hit 6500, they wanted out, right then, no matter what. I likened it to sandbagging yer house after a monster flood. Their response, "I have to do something. I can't let it go to zero. It'll make me feel much better to take some action. ANY ACTION!!". Sometimes any action feels real good, and is a bigtime emotional release and eases most of the panic.

It might be the absolute worst move, but it feels good. I've been very vocal re; BM's terrible judgment that repeats same mistakes over and over. But still, a HC change has to be an improvement, and risk/reward has to make sense. I know, nothings guaranteed. Otherwise, we're sandbagging after the flood.
MatthiasG
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MatthiasPhunkHausen
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MatthiasG
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10/19/14 11:18am

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