@zhanginu I’m with @MarsC on this one.If the way you are...

@zhanginu I’m with @MarsC on this one.
If the way you are anticipating making the IRR is based on the idea that people will pay more for something than it is worth then it is speculation.

That being said at any time cigar butts could be better value and offer a higher return than GARP or ‘quality’ ... BUT there has to be a mechanism by which the value unlocks or there will very likely be additional unanticipated risk.