But Pledge the maths is not flawed at all.
Here is the model.
2x 100% loss
4x breakeven overall
4x 15x gain overall
Return for ten units is 64.
Beats the index by a VERY BIG margin.
Not for everyone indeed as the psychology behind it has to be in place, and stuck to, along with some research skills of a certain nature. Some medical researchers on this forum very much better at that than me but such is not the research skill that matters the most.
Pledge you are blind to AW's actions if he uses a nominee company and chooses to hide what he is up to.
Partnership deals......, page-48
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