Disount To Net Cash For A Promising CAR-T Company

Core Insights - The financial crisis of 2008-2009 led to significant losses in savings, highlighting the risks associated with passive investment strategies [1] - The recovery of the stock market in 2010, with industrial stocks rising 500% from their lows, served as a pivotal learning moment for investment strategies [1] - Transitioning from passive savings to active investment management is a crucial step for maximizing returns [1] Investment Strategy - 1.40% allocation in reasonably priced businesses with stable income/dividend [1] - 30% allocation in businesses priced below intrinsic value, following a value investing approach [1] - 10% allocation in speculative businesses [1] - 10% allocation in securities [1] - 10% allocation in cash [1]