$1000 invested 1 year ago now worth $167, page-22

yeah red,

For mine, it flipped to a capitol managment strategy change.

i was holding an equivalent margin position with ndo,(55% lending) but the exposure to failure, we have already seen how the market reacts.

(the shift in margin position, was already greater than the KIKO holding, so even a movement on NDO like we had, i would lose more than what my stake in KIKO is, hence the total loss of kiko, is less than the NDO margin swing)

Luckily for mine, i exited NDO prior to the pull back with profits in hand.

With KIKO i can get the same upside, and limit the loss to the initial principal, that needs to be only 1.4/10 as large. (with same sp target for both NDO and KIKO)