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Lesser of Two Evils & A Conversation with Michael Kao

RiskReversal Pod

CHAPTER

In-depth Analysis of a Complicated Investment Opportunity

Exploring an in-depth analysis of a discounted purchase of a municipal bond insurer, examining adjusted book value, special dividends, and potential value from Puerto Rico bankruptcy resolution. Drawing parallels to Odysseus' decisions in Greek mythology, the chapter illustrates the intricate nature of this investment opportunity.

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