The comments I read in this thread reminds me of this quote from Warren Buffett

The stock market is a no-called-strike game. You don't have to swing at everything — you can wait for your pitch. The problem when you're a money manager is that your fans keep yelling, "Swing, you bum!"

I kinda pity TTB. He's doing the right thing by staying in cash, but the market does not think so... thus the market discount to NAV.

This post has been edited by ZeaXG: Oct 8 2014, 05:52 PM

Luckily sold @ RM2.50 just before the Laxey EGM back in 2012.