Just a bubble popping. Rode it down from $120 to $100 not once, but twice... Believing that people will pay top dollars for second rate education is a recipe to lose money.
Adult Education Charts Wreck the Curve [View article]
Made some nice profit on the short side (in 'n out) on ESI. Tried APOL on the long side but quickly bailed out at par as I didn't feel like staying long that far up in the stratosphere...
We Don't Need No ITT Educational [View article]
Believing that people will pay top dollars for second rate education is a recipe to lose money.
Adult Education Charts Wreck the Curve [View article]