Wilbur was on CNBC this morning. He's starting a public fund where they will buy companies they want to run and own. Got my attention.
We got a nice 10% run since this announcement from the 6th.....
I will become a shareholder. Wilbur's involvement is a plus, but investments of this type tend to be good to buy and hold, both from dividend and capital gain perspectives.
Wilbur new IPO blank check fund will not only look at buying companies but at the same time will be listed at the same time.
I think he already owns one.....XCO.
Just watch EXCO will move up quickly in the very near term.
Obviously there will be many companies in this fund. Like a baby Berkshire.