Gurley spotted Dell trading at six times earnings after laptop fire and hedging problems, then went positive on the stock.
“It this the company was in trouble. It was trading at six times earnings. Their laptop had caught on fire, and they had this option hedging strategy gone awry”
Bg2 Pod
“You know, they used to call or I've heard people refer to modern day semiconductor investing as a sport of Kings. Right. Because you're 50,000,000 to first take.”