We have recently gone through one of the great periods of corporate hubris. There must be a gaggle of ill conceived quotes from our erstwhile business leaders that, in hindsight, consign these bull market heroes to the corner of the class room to wear the dunce cap.
I think it only fair to capture these gems for future generations to pore over and hopefully hit the sell button when things seem to good to be true.
Here is a start.
'Centro believes that its more complex than usual structure adds value and therefore we intend that it continues.'
Brain Healey, 'Chairman's Address', Centro Properties Group AGM, 19 October 2007.
If you know any, post them here. I'll be doing a bit of digging to see what other gems are hidden in those annual reports.
Lol - B'man, Capital Markets Historian.