“We know through probability, statistics, and experience that if you take a basket of loss-making companies with very optimistic assumptions in their valuations, and you were to short that basket, you skew the odds in your favour and are likely to make money over a long enough time horizon,” Clark says
These are the sort of fund managers that look at the value of Microsoft when they started up in a garage with an idea, and not have the foresight to lend them their garage.
“We know through probability, statistics, and experience that if...
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Last
52.5¢ |
Change
-0.025(4.55%) |
Mkt cap ! $95.09M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 56.0¢ | 52.5¢ | $141.8K | 260.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10964 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 675 | 1 |
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