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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,740.99
(
1.35%
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DewDiligence

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DewDiligence

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Re: Mufaso post# 29195

Friday, 03/29/2024 3:15:59 PM

Friday, March 29, 2024 3:15:59 PM

Post# of 29293
CLF—To fully grasp value proposition of this stock, you have to recognize how monomaniacal the CEO, Lourenco Goncalves is at generating value for shareholders. LG owns ~$120M of CLF stock, and he has regularly purchased shares on the open market or held shares after exercising options.*

The single sentence in #msg-174061258 (in reply to jbog’s post of a disparaging WSJ piece) encapsulates my view of LG’s leadership.

*Form-4 filings:
#msg-171786873
#msg-165544918
#msg-162362326
#msg-154279025
#msg-149308747
#msg-134694391
#msg-131068048
#msg-122513056
#msg-114015543

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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