He never made a move he couldn't profit from. But, I believe he was completely bought out from LPS when they were spun off. On another note. He is the one that bought DOCX. Default Solutions, and others that have recently brought LPS down. He made money, but he was not a holder of LPS stock that I can find at the time LPS became an entity.
Is he a genius? Hardly! Did he get out at the right time? Nope, he didn’t have a choice. LPS management wanted nothing to do with him.