No negative review here!
I want to share what is without a doubt one of my favorite paragraphs in your book:
On page 182:
"I wanted to impress my new investors with gains, so my fund made a short-term loan to Cygnus for $250,000 because it seemed to be an easy way to accumulate added interest without much risk...Quarterly revenues were only $1 million, but the company's quarterly losses were less than $100,000...."
Timmay, you write in a passive, detached voice, about something that must have been very stressful at the time.
Since you are a fan of Cramer and probably read his book about the creation of 'The Street' where he was completely screwed by the man he had selected to build and roll out The Street web site. Cramer was clearly pissed, and justifiably so, in my opinion. It made great reading and helped make his book a success.
On WSW you seem to be 'excitable' and 'very passionate', yet you are incredibly soft in your book on Cygnus. Did they lie to you about the company's sales and performance?
Why did you feel a $250,000 unsecured loan was worth the paper it was written on?
They beat you like a 'cheap chinese gong at the new year's day celebration' and are you fine with that?
Or, are you not being 'brutally honest' because you are still a stock holder in Cygnus?
Or, did they tell you if you were 'brutally honest' that they would sue your ass?
I would pay $20 for a book written by the Cygnus CEO who had to return Timmay's calls during this time and totally abused the lad!
Probably never going to see that book....