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  1. 3,795 Posts.
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    I got what you were saying. I came to the same conclusion. It's more like a conglomerate buying controlling stakes in businesses to get a portion of the profit. Like Berkshire Hathaway owning GEICO the insurance company. BERK get a steady revenue stream from its investment company's profit. The reason I haven't touched FFG is that BNPL company's can generate an inordinate amount of revenue very quickly however turning a profit is unlikely for the next few years. I see their controlling steak in the BNPL company as a drag on their balance sheet. Great opportunity for them to raise much needed funds though now that the SP has gone up 200%... I suspect a trading halt today.
 
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