RE:RE:RE:RE:RE:Bottom line
Personally, I do not treat the WRN as lottery assets. Because lottery means big pay or lose principle. risk of WRN is uncertain timing, but no debt. In long term, maybe there is no big progress, you waste time and lose some interest on your principal money, normally you can get back your principal money. That means it is safe for principal even you will not get any gain. Yes, some junior is lottery period.