Lares Capital
Hedge fund manager, small-cap, long/short equity

EZCorp: From Irrational Exuberance To Irrational Pessimism

Summary

I first wrote about EZCorp (NASDAQ:EZPW) early last year. The stock back then traded at $26 and I thought it was worth $45. With the equity down now below $16, this has become my worst call in Se...

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