I’ve owned Las Vegas Sands in the past and it has been good to me. I’ve also sold it prematurely because of some questionable financial reporting treatments that didn’t sit sell with me. With the stock down near 14 percent this year and at a 52-week low, I thought it may be worth revisiting it to see if anything with the company has changed. As from my position in MGM, many of the fundamentals with LVS are quite similar. The question is how are they performing. I put together a mind map video and podcast where I apply my 8 Questions framework and see if indeed an opportunity is at hand.
This decision was also a very difficult one because there is also some politics at play here.