CWN 0.00% $13.09 crown resorts limited

if there's a panic then huge opportunity here. Munger always...

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  1. 96 Posts.
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    if there's a panic then huge opportunity here. Munger always says you should focus on the power of incentives. You have:
    • A government facing a struggling tourism sector that could do with an easy boost from the opening of a new major tourism complex;
    • A network of backroom dealings spanning more than half a decade preparing and planning for Crown to enter the market;
    • A potentially costly litigation in the event a license is not approved;
    • A billionaire with too many connections to count and a history of having influence over the governments where his casinos operate.

    License gets approved.
 
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