031: Book Value Can Sometimes Be Your Margin Of Safety

Flotek was recently selling for $80 million and had over $60 million of cash. I missed it, and now it's up over 80% in a few weeks. But I learned an important lesson, real book value matters, and real book value can sometimes provide a margin of safety if the price is low enough.

Flotek Industries - https://seekingalpha.com/symbol/FTK