Derek Capo

Yeah, there's a lot of people that are trying to do that.

And the thing is, it actually hurts the businesses in the long term, like really hurts the businesses in the long term.

And I think, yeah, it makes their investors money and stuff, but at the end of the day, it actually hurts future shareholders, people who are buying some of these companies that have stable dividends or actually are doing a really decent job for shareholders.

So it's pretty scary sometimes how it is.

Let's see.

We probably made, we made about 15, 20% of the trade.

So we probably put in about $10 million in the trade.

It was about a couple percent of the funds.

Yeah, so the way it works is we were working with the main fund.

The main fund at that time, I think, was about $300 or $400 million.

And we put about a 1% or 2% position, which basically means 2% of the entire fund was invested into buying shares of the company.

And so 2% of like $400 million is about $8 million bucks.

And if you make 10 or 20 percent or 20 or 30 percent, you're looking at two to three million dollars.

I see.

Yeah, I see.

I see.

In fact, yeah, in fact, I had just graduated from university and I had just graduated.

I had actually gotten my Series 7 exam.

I always kept on trying to build that utility belt while I was in college.

I had read about 4,000-something annual reports, kind of get ready to get involved in the finance field.