2min chapter

Risk of Ruin cover image

Rocket Man

Risk of Ruin

CHAPTER

How to Overcome a Bias in a Deal

Chris says that his fund also used the low prices in July to reduce their average cost. We bought some fairly early on, call it mid June, $38 or so, and then got considerably larger as it played out. We bought a significant more in July when it got down closer to 32 and then also were involved via options as well as equity. Chancery Daily basically rebooted their Twitter account at the start of the legal case. She had incredibly valuable insight and yet she didn't take a position in the stock.

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