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Author: CM001 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 14782  
Subject: Re: HP Date: 11/20/2012 11:25 PM
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I'm sure others may disagree but I'd prefer a more cautious approach.
I am against concentrated portfolio because most average investors don't have the skills and resources for that.

Having said that, if you are running a concentrated portfolio, most likely you would not invest heavily in a company like HP.

BTW, what happened here is not a case of just fraud, we will come to know how much of it is fraud, but gross serious incompetence at the management and board level. You can't make a purchase and write off 90% in such a short time and that is $9B, and sometime back they pi$$ed off $1B on Palm.

The incompetence at this company is freaking unbelievable.
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