Quote:
Originally Posted by Enoch Root
Sure.
But if we had this conversation prior to the trades and asked: where does Hudler fit on a scale of 1 to 10, where 1 is Schultz and 10 is Ladd, I think most people would say 8 or 9, not 5.
That's my point. Hudler's return shouldn't be halfway between Ladd and Schultz, it should be about 80% towards Ladd.
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Well if Schultz is 1, Hudler is 8 and Ladd is 10, then it's not Hudler's trade value that we were wrong about, it was Schultz's. Looks like Schultz was a 5, Hudler was an 8, and Ladd 10.