222: Luke Cummings – Mergers & Acquisitions: The Ultimate Game of Poker
Chat With Traders
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Do You Have a Second Bidter Joining the Party?
On average, you know, ove the last sort of, let's call it 18, 19 years, we'd have two that really kind of stick in your mind most years. We might do 60 to 80 transactions this year. In any other year we might do more like forty. For this strategy, you hod to pay pretty handsomely. But even if all you do is just keep buying stuff at 96 cents and getting a dollar, that's not terrible.
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