
#55: Ben Hunt On The Big ’Bust Out’
Superinvestors and the Art of Worldly Wisdom
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The COVID Rebound
The company was absolutely failing, but there's a bit of a short squeeze. They bought back $600 million in stock. The CEO sells $5 million worth of stock grants into this renewed stock buyback program. Free cash flow goes negative. And then income dry and Cohen of GameStop fame.
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