Waddell investment down to the last 82M? OUT of (521M)

[.!WAR MIKEY!.]

Haymons a failure just like his hair. weak ass male pattern baldness ass motherfuckers.

[El-blanco]

Im disappointed in you. Why don't you just admit you don't know what you're talking about?

Im headed home. Will be glad to smack you around some more once I see your response. I'd advice you to do some homework on public holdings first.

That's it, talk **** when you have no rebuttal. I'm well aware of what public holdings are. Your whole argument on the matter has been based on you being a haymon fanboy and have made assumptions regarding who is in the holding from the beginning. You assume multiple other companies are in that particular holding based on zero evidence. That article indicated that that group went into partnership with haymon on that particular holding which was going to be used to control pbc. Now whether they used all the money for pbc or not is something we don't know. You might crunch numbers all day but you don't know **** about how to make an argument.

Also, you meant to say "advise," not, "advice." :wave

[SterlingStained]

That's it, talk **** when you have no rebuttal. I'm well aware of what public holdings are. Your whole argument on the matter has been based on you being a haymon fanboy and have made assumptions regarding who is in the holding from the beginning. You assume multiple other companies are in that particular holding based on zero evidence. That article indicated that that group went into partnership with haymon on that particular holding which was going to be used to control pbc. Now whether they used all the money for pbc or not is something we don't know. You might crunch numbers all day but you don't know **** about how to make an argument.

Also, you meant to say "advise," not, "advice." :wave

he wouldnt be a fan of al haymon had al haymon been a white guy.

[about.thousands]

Was the investment made in cash, cash equivalents or holdings in outside ventures/shares? The global markets have been melting quickly the past few months. Hard to fathom PBC spending cash at the reported rate based on basic math.
It'd seem that the drop in value is likely attributed to the holdings being smashed due to the market getting bombed rather than outflow of cash.

Assuming that it's cash because it's a privately held start up. The valuation isn't based on market value. It's discounted book value.

Just because it's a privately held startup doesn't mean it's pure cash holdings though. I doubt Haymon & Co would take $500+ and let it sit in cash. Very likely that 50% could have been in holdings that tanked with the market.
Math doesn't add up to burn through $130M in 3 months.

The investment was fully funded in October 2013 according to court filings. The S&P 500 went gone up 20% between then and Dec. 31. Over the last quarter when the value of the investment decreased by more than half of what it was after the third quarter, the S&P went up by 8.48%. But your assumption is that Haymon invested his investor's cash in such a way that his holdings tanked by just about exactly the same amount in two consecutive quarters and destroyed half the value of the initial investment in six months? And he invested so poorly that the investment has lost value every single quarter?
What math doesn't add up?

You are citing the S&P 500 yet WR is clearly a hedge fund and hedge funds across the board have been getting absolutely smashed? Then you cite PBC losing $43 million a month based on what? Spending $5 million on a Bounce TV or FS1 event? You seem to be throwing numbers out there with no correlation to logic

https://www.reddit.com/r/Boxing/comments/437dl6/waddell_reeds_investment_in_haymon_82_mil/czgjxtl

/thread

[mathed]

easy come, easy go.

[aldo5408]

Haymons a failure just like his hair. weak ass male pattern baldness ass motherfuckers.

Have you seen kovs hair ? He is the definition of MPB

[mathed]

Haymons a failure just like his hair. weak ass male pattern baldness ass motherfuckers.

Hey, hey....easy now...Killa Kov's got that thinning hair too.

[.!WAR MIKEY!.]

Have you seen kovs hair ? He is the definition of MPB

Hey, hey....easy now...Killa Kov's got that thinning hair too.

its called shit talking motherfuckers it aint a science.

[about.thousands]

jimwilson128 is the same guy who claimed JakeNDaBox was working for PBC & never apologized when Jake proved him wrong. But it doesn't bother him that #1 Floyd & Haymon hater, Hauser, works for HBO. He believes everything Hauser says.He also claimed ESPN FNF put on better fights than PBC on ESPN. He also claimed Golden Boy lawyers were reading his Reddit posts & taking his advice. This guy clearly has an agenda but some people want PBC/Haymon to fail they'll listen to some random guy on the internet who claims to be a financial attorney.

[El-blanco]

https://www.reddit.com/r/Boxing/comments/437dl6/waddell_reeds_investment_in_haymon_82_mil/czgjxtl

/thread

They're both making assumptions. I don't know why you think the soupy guy is certain when he says things like, "I doubt Haymon would let 500+ sit in cash." he doesn't know for sure what they did with the money. He's assuming they didn't leave it as cash but there is no proof. The only thing that is certain is that the amount available has dwindled significantly. That can actually be corroborated with facts. How it was spent is pure speculation.