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Ep 393. NVDA’s Valuation, Oil Outlook, SRG’s Liquidation, and Event Driven Investing

Focused Compounding

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The Probability of Double Digit Returns in the Common Stock

You're getting in the neighborhood, depending on what day you buy the stock and stuff, 10 to 13%. And then also, if it takes, let's say, two to three years for this to go through, we don't know how long it will take. You got big upside in the stock, but maybe you have some certainty in the preferred. But unless you have almost total certainty, do you want to buy something that is low double digit returns? Whereas with the common stock, you could have the possibility that you could double or something like you said.

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