Hasta la vista, Valeant

I'm finally completely out of Valeant. With that stock, I did the worst thing: buy high and sell low.

Well, I didn't buy that high (between 110 and 160$ for my shares) but I sold my last shares pretty low (around 30$), after the last results.

I sold them lately. Even though one of the first tips I read was that one from Stephen Jarislowsky: "When it looks bad, sell your shares without hesitation, even if you may regret it later". I read that sentence maybe 8-9 years ago and I never forgot it. But I fucking did not apply it.

I'd understand if everybody leaves this blog and never come back.

At least, I'm sincere here. You won't find many analysts writing that in columns. These pretentious nobodies, like Philippe Leblanc in www.lesaffaires.com spend all their time writing about their good moves and giving lessons to people about how to act, how to invest, how many fucking vegetables they eat each day and all that fucking shit. Because they all fucking want to get clients and present themselves like these fucking pictures of big macs along the road: With the right light, with the right angle. With premium ingredients.

Take a look at your big mac the next time you'll be in a McDonald's. It looks fucking sad if you compare it to the pictures along the highway. Everybody has something in the closet and the worst people are, to me, the people that always want to look good. They all hide terrible secrets like sexual acne or mushrooms between the toes.

Yeah, I'm out of Valeant at a time when a lot of people believe that the company will be bought by another company. Maybe it will happen. Maybe not.

Valeant is a fucking disaster. Perhaps the price will double in the next few weeks. I don't know.

I recently saw that Francis Chou has bought a lot of shares. I dislike the moves of that man. I don't want to be associated with him even if my shares are undervalued. That guy buys cheap shit! His portfolio stinks big time.

So, maybe I'm doing a bad move here. But for my conscience, it's a good move. I prefer to look elsewhere.

Valeant will forever be in my heart as one of the biggest mistakes of my life. I have a pretty good memory. I now hate Michael Pearson forever. I'll never forget him. I hope you'll do the same.