Yeah, I think it's a great strategy. He always gets the lowball placement, which reduces his donwside big time. Even if only one in five really take off, he'll still usually make a bit on the others or BE.
He's made ~300% so far on his previous MRF sales and is up (on paper) 100% on MNB, after being up a lot more. And I think there's a fair bit to go there too. He made a bucket load on AVB back in the day from memory. Got in on OZB before it took off so 200-300% there on paper. He made a heap on SOI. He was on the DUB float. Bit sad I know all this but they're just the ones I've been on as well. I'm sure there's three times as many I've missed.
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Yeah, I think it's a great strategy. He always gets the lowball...
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