RE:RE:RE:RE:Too many apologists As usual ----it seems like you and many others on this board expect Paul to have 100% of his net worth in WRN. Is that what you expect?
I mean what if he wanted to use that cash to pay off his mortgage? Or perhaps he has other needs for the cash. What is his stock ownership after the transaction vs before. Perhaps he used a portion to plow back into WRN but another portion for other.
Would you agree ---at least---no matter how confident he is in WRN ---it is NOT prudent to have all your net worth in WRN ---even in his position.
I'm very confident the vast majority of executives are smart enough that they still diversify....regardless of confidence.