With all due respect, if you think you know the company, its operation and have the ability to determine whether it is a fraud or not and you can determine Andrew is a fraud, you are delusional. Don’t get offended by my words, that is not my intent. I am just trying to drive a point here.
No offense taken!
But I never said that I know the company and its operations so well that I can determine with certainty whether or not it’s a fraud. But I know the company well enough to make a calculated bet on the future payoff. For that matter, I don’t know any of the companies in which I am invested so well as to determine with certainty whether or not it’s a fraud. But I’ve been getting better at knowing them well enough to make an educated decision.
Also, I cannot determine with certainty that Andrew Luck is a fraud. But I can certainly determine that he is a jackass who will do anything to make a quick buck and that there is absolutely nothing he said that makes me think his accusations are credible.
At the end of the day, we need to assess all the available information, apply probabilities in some manner to the potential outcomes and make a decision. I feel the probability of being successful to be relatively high and the risk of losing my money to be relatively low. Given that the price to apply these probabilities has made the payoff for success a lot more lucrative, I chose to buy some leaps and see what happens between now and January, 2019.
Thank you for trying to be constructively critical and good luck with whatever it is you decide to do with your Ubiquiti investment.
DJ