Hi everyone, welcome back to the After Dinner Investor podcast. This week Jason gives a portfolio update, he shares a spin on a Ronald Reagan quote he’s going to follow, “never trust, always verify, and he talks about Schmitt Industries (SMIT), a company that’s selling for just about net cash, with no value assigned to the real estate or two operating businesses.
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Schmitt Industries Annual Shareholder’s Meeting Presentation
Meet Michael Zapata – YouTube
Japan’s corporate cash-hoarders have moment in the sun – Financial Times