Same old Bruce talking about free cash flow. I really appreciate his candor and transparency of the funds operations. I also like how Bruce is putting every penny of his net worth in the fund.
I’m wondering if he is getting tired of talking about his large SHLD position. I really like how he breaks down his rational for brands, real estate value, Eddie, FCF, and that he believes SHLD is selling considerable under liquidation value.
I found it a little funny how he didn’t want to talk about MWA especially at these prices.
I sleep well at night with Bruce at the helm.