THE LITTLE BLACK BOOK OF BILLIONAIRE SECRETS
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FOLLOW <strong>THE</strong> BEST!<br />
Here’s what I mean …<br />
Hertz sells for $17 a share. Billionaire<br />
activist investor Barry Rosenstein<br />
of Jana Partners has publicly said he<br />
thinks Hertz is worth $60. Jana owns<br />
almost $1 billion worth of HTZ stock.<br />
And he has company. The legendary<br />
billionaire investor Carl Icahn owns<br />
9% of the company. Stocks reprice on<br />
catalysts. And these two influential<br />
investors are the catalyst.<br />
“Great investors<br />
LOVE asymmetric<br />
risk”<br />
Now, the downside of the stock is that<br />
it could, maybe, lose half of its value<br />
here. A lot would have to go wrong<br />
with the world and the company. But even if the stock went to zero you can only<br />
lose 100%. I should say, this rarely happens when billionaire investors are so heavily<br />
invested in a stock.<br />
So if the world falls apart you only lose 100%. If things go right you have prospects<br />
of nearly 300%. That’s a 3 to 1 risk reward trade. And trust me, there aren’t a lot of<br />
investments that offer that scenario. That is why the best investors like stocks that<br />
have this ASYMMETRICAL RISK TO REWARD opportunity.<br />
21<br />
Forbes Billionaire’s Portfolio