Lemmings are small rodents, notable for prodigious breeding, often followed by mass migrations to find new food sources.
They obey a herd instinct, and will attempt to overcome any obstacle in their way.
If this is a cliff....the story is true...they charge straight on, into the sea, and swim till they perish.
What made me think of this?
I'm fascinated by business, and why companies rise and fall.
Tescos has just lost 20% of it's share price...due to reduced turn-over at Xmas which has been well-publicised in the "Daily Lemming" and on Lemming Channel XX.
[ Proprietor - Lord Rupert of Fleece the Lemmings-on-Sea. ]
Warren Buffett [ the legendary investor ] was buying into more Tesco straight away.
Upped his holding from 3 to 5% I believe.
It's an excellent company, with tangible assets, great management and frankly it's like buying £10 notes for £8 each.
Do you remember 6 years ago when Friends Reunited was sold for £175 million?
Latest figures value it at just over 3% of that...just £5.2m...ouch!
Great idea, but it was a fad...and peaked...and fell off the cliff.
There was no real long-term substance to it once people had used it.
So, let me forecast, that Facebook has got all the investor lemmings in tow.
How many $billion is it worth !!
Did you know it's lost millions of accounts in North America recently.
What is it's long term attraction...how does it make money?
Advertisement revenue is a highly volatile income ...
Whichever way the lemmings are going, look very carefully in the opposite direction.
They obey a herd instinct, and will attempt to overcome any obstacle in their way.
If this is a cliff....the story is true...they charge straight on, into the sea, and swim till they perish.
What made me think of this?
I'm fascinated by business, and why companies rise and fall.
Tescos has just lost 20% of it's share price...due to reduced turn-over at Xmas which has been well-publicised in the "Daily Lemming" and on Lemming Channel XX.
[ Proprietor - Lord Rupert of Fleece the Lemmings-on-Sea. ]
Warren Buffett [ the legendary investor ] was buying into more Tesco straight away.
Upped his holding from 3 to 5% I believe.
It's an excellent company, with tangible assets, great management and frankly it's like buying £10 notes for £8 each.
Do you remember 6 years ago when Friends Reunited was sold for £175 million?
Latest figures value it at just over 3% of that...just £5.2m...ouch!
Great idea, but it was a fad...and peaked...and fell off the cliff.
There was no real long-term substance to it once people had used it.
So, let me forecast, that Facebook has got all the investor lemmings in tow.
How many $billion is it worth !!
Did you know it's lost millions of accounts in North America recently.
What is it's long term attraction...how does it make money?
Advertisement revenue is a highly volatile income ...
Whichever way the lemmings are going, look very carefully in the opposite direction.
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