After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

090: Fear and Greed In The Land of Merger Workouts

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

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How to Bet Big on a Merger Workout

"There's a reason I thought big things were going to happen around April 1st with with WrestleMania and they ended up getting unquote acquired for like 9.3 billion" "I got greedy and being greedy made me go big but then here's where the fear came in days go by as Keith Herban said and nothing happened," he says. "I was like oh geez like I made a real bet here and we don't have much time left and to like April 21st or so if it doesn't happen by April 21st I'm gonna lose half the bet" The WWE shareholders now will own 49% of whatever this business will be named which will have the stock tick

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