
056: Why Is Prosus Valued Like A Cigar Butt When It Owns 29% of Tencent?
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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I Decided to Sell Half My Steak
The company's net acit value is about 50 dollars a barrel. If oil falls back there, how much would the company be worth? And then even more conservative, if something is going on with warrants and there is a delusion, then how much would it be worth that 50 dollar oil? My calculation was that, if you're going to go extreme conservative, which would be that latter scenario, ah, it was maybe a little bit abover, it was above their floor. So what i did as i decide to sell half my steak. I did that and the other half. The reason i did that is because, in a very conservative way looking at it, we might be above
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