“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
76.5¢ |
Change
-0.010(1.29%) |
Mkt cap ! $138.5M | |||
| Open | High | Low | Value | Volume |
| 78.5¢ | 79.5¢ | 73.5¢ | $303.2K | 399.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7712 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 1500 | 1 |
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| ASM (ASX) Chart |