
058: What We Can Learn From Ted Weschler's Perfect Investment in Dillard's
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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The Perfect Investment
He knew exactly what his downside was going to be, which is very important to the perfect investment. Ande his downside was limited, 35 million, or whatever it was, and it was completely understood. He he put odds on it and said, likely, there's going to be some upside, and the upside is so big that it's worth risking this limited a pool of money. To get perfect on perfect, he turned around and took that money and bought when other people were selling. So that's a perfect investment. Good verse is perfect. I will never give up on following him ever"
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