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SIRIBULLISHCore thesis · 5/5

SiriusXM as a masterclass in asymmetric bets

The guest argued that John Malone's 2009 financing deal for SiriusXM was a perfect example of an asymmetric bet: structured for massive upside with limited, protected downside.

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SIRI: SiriusXM as a masterclass in asymmetric bets · Zortix