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Tuesday, August 10, 2010

Whiteny Tilson is the man

He starts buying up BP when everyone, and their mother, is bashing the hell out of the name. (He was one of the reasons I bought BP.)

Then some guy writes an article on why he was wrong in Seekingalpha.com, titled 'Why Whitney Tilson is Wrong About BP'. I rarely expect one of the big-boys to respond to such articles, but he is human after all.

Tilson responds in the comments section pretty much saying, in the most elegant and political way: stop being scared bitches, under stand the real reasons cause you all got it wrong from day one.

(Unfortunately I didn't participate in BP's ascent due to other risk/reward opportunities, to which treated me very nicely. Hence no regrets.)

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