Better Home: Improved Financial Flexibility, But Still Speculative

Core Viewpoint - Better Home & Finance Holding Company (NASDAQ: BETR) has experienced a significant decline in share value, losing about one-third of its value over the past year, despite a recent recovery of approximately 50% from its lows [1] Company Performance - The company's shares have lost about 33% of their value in the past year [1] - Recently, shares have increased by around 50% from their recent lows [1] Investment Strategy - The company has over fifteen years of experience in making contrarian bets based on macro views and stock-specific turnaround stories to achieve outsized returns with a favorable risk/reward profile [1]