“He’d fix them for his classmates, buying a screen for 30 bucks and then charging his buddies 70 to 100 dollars for a fix. So tripling his investment.”
♫
Said on Understood: The Big Bet
“We first invested in 2017… we bought some shares on market… we were looking at companies that might fit our criteria… we were paying for the defence business”
Australian Investors Podcast · Inside Soul Patts’ EOS turnaround and NexGen uranium bet
Play from 8:37
8:37
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
screened the ASX for companies fitting their criteria and made a small equity investment in EOS in 2017, buying a few million dollars of shares on market
investment of “millions of dollars”, described as a small stake relative to the fund size
Said nearby on the same subject
“That went in through the back door of a company called J-Curve Solutions onto the ASX, small cap, but you managed to create some liquidity in that business by putting it on the ASX.”
♫
Said on Owner To Owner Podcast
“I would say it's around a dollar's invested today. We've got 250 million across shares and convertible notes.”
♫
Said on Australian Investors Podcast
“I'm a huge fan of using equity to invest... Use the equity, save tax and invest. So that'll be a combination like I own property, I also own shares.”
RJ
Riley Jan
Geared for Growth Property Investing Podcast ·
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