I'm not sure that I'm dumb probably just average. I did often say during the boom that what goes up must come down.
I just found the fellows remark a little silly. Thought he'd be better off saying "we've got an extremely low cost base that has allowed us to deal with the credit crunch a better than others".
I know some really really intelligent people that didn't see it coming. I only know of one person that sold up at the height of the boom and is now smiling/grinning.
Anyway the thread isn't about my IQ
