Speaker 1
I mean, obviously that's the most famous example and you would have loved it. And I think that's one of the it's, it's such a unique example, but it also does speak to, as you said, it is their baby. He stepped into distress. Apple was very distressed at the time. He stepped in. He got paid because of his connection to Apple. He got paid a whole heck of a lot. Less than he was worth. And the founder, under armor, you mentioned it, that's a really interesting one. I haven't studied it deeply, but it's an interesting one, just because I think it's Kevin Plank, the founder who came back if I'm hurt. But you think about Apple. Iger in some ways was a founder of Disney by the time he had put so much of a stamp on it. I understand he doesn't have the Disney name, but he had really turned it around. The founder coming back, the founder has a level of reputation and gravitas within the organization that he can get turnarounds and things done that really no one else can. And I even think about Intel, you know, Pat, I can't remember his last name, but he was a life for it until right. And he until runs through his veins that gives him a little more credibility than neither you are equipped to run Intel. But if we stepped in and we were like, hey, we're, you know, brilliant, mechanical engineers, we're taking over. We wouldn't have the same reputation. So underarmors are very interesting to me. Great. Well, like, I think we've run through we skip back because again, there's not a ton of interesting going on in SPACs. I say that the same Altman SPAC DIPO, a D SPAC yesterday, the Lionscade SPAC, D SPAC yesterday. So maybe there are, but I don't think we have time for that. Look, I'm going to try and get the book through the blur again. But here's the book. We're going to pose this podcast to come out right when you're doing it. If you're a beginner or intermediate and event-driven investing, I think it's got a lot of case studies. It's a quick read. I think it'll be very helpful to you. We'll include a link in the show notes and anything else you want to talk about or
Speaker 2
anything? No, thanks for having me, Andrew. I really enjoyed the conversation. It was a lot of fun and give me
Speaker 1
biohaven to look back at. There's a few others. You actually tickled my mind on another spinoff that I'm not going to disclose because I don't want competent, but that's coming up that I need to put a little bit more time and effort into. But this was great. And tell you want to come on and talk spinoffs. Inside or buy anything open invitation. Thanks so much. Adventure of your legend investing coming out May 21st is the exact day it comes out. There'll be a link in the show notes if you're interested. And thanks for coming on. We'll talk to you then.