Black cat or white cat

The greatest capitalist of the last century was a communist. Mr Deng Xiaoping. Small bottle, he was but what an impact on the world economy.

And two of his most famous quotes are:-

It does not matter whether the cat is black or white, as long as it catches the mouse.

Poverty is not socialism. To be rich is glorious.

Read more: http://www.brainyquote.com/quotes/authors/d/deng_xiaoping.html#ixzz1NsLw2LrW

I used city brokers because I wanted to participate in placements and IPOs. Because I was such a small client, I only got scraps, coupled with high commissioners for trading. I was okay with the high commission provided I can make stag profits with IPO and placements. But nothing was forthcoming. So it was fees with scraps.

As I learned more about ASX annoucements and know how to read between the lines with company reports, I realize that my cat is catching more mice than the city brokers. So, with thanks to Mr Deng, I say, it does not matter whether the cat is big or small, as long as it catches MORE mice.