Ann: Half Yearly Report and Accounts, page-155

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    Here's a lesson.

    You have provided an emotion charged response. Emotion is the most dangerous state for a serious investor. Emotion contributes to short cuts, short-cuts play out as bias, bias feeds imagination, imagination becomes fact and from that wrong conclusions are derived.

    A very dangerous place to be.

    Cool pragmatic heads are needed to succeed. Losses are good. Losses are a product of a good strategic plan. Executed well losses inform and wins outweigh.

    Business is business, there are no guarantees. History books are littered with stories of the greatest minds that have faced near bankruptcy at some time due to making a call that didn't go to plan. The key to success is knowing why it didn't go to plan be thankful for the lesson, regard the loss as an education and move on armed to reap much greater success later on.

    The successful have no time for negative emotions and blame, they turn every crisis into a positive.
 
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