In their recent episode of the VALUE: After Hours Podcast, Mitchell, Brewster, and Carlisle discussed Taking Big Swings.
I feel I’ve got a good margin of safety on my investment, but really it’s like when you swing in big on something like that– you say this really well, Bill, you’re like, “Look, at the end of the day, it’s a commodity, and who knows.” I have a strong view, and I think my downside is protected, but who knows.
If this investment hadn’t worked out huge, if it goes back, I know people are going to be really annoyed, but I don’t care just.
