No. of Recommendations: 3
for a modern version of this, look at vsat and seth klarman. from $9 to $90 in ~1yr.
after many years of being the largest vsat shareholder, and getting a frontview seat of 2-3 failed launches, klarman bailed at the first bump. despite knowing about the upcoming spaceX frenzy.
aren't these supposed be the best? what about their 'cut the weeds' platitudes?
although chanos is less about fundamentals, i think they should just ride out their small initial positions to zero if that is the outcome. they seem unable to cleanly attribute failures to omission or commission.
