so as of december 11 i was expecting ROI of 20%+ on aig warrants
[4:02:44 PM] Glen Bradford: AIG warrants: Expiration: January 19, 2021; Strike: $45
[4:09:17 PM] Glen Bradford: Book Value Per Share (mrq): 68.87
[4:10:22 PM] Glen Bradford: makes $7.5B/annum
[4:10:58 PM] Glen Bradford: $5/share
[4:11:03 PM] Glen Bradford: strike 2021
[4:11:23 PM] Glen Bradford: so.. 2021-2013=8
[4:11:27 PM] Glen Bradford: 8*5=40
[4:11:31 PM] Glen Bradford: +65
[4:11:40 PM] Glen Bradford: $105
[4:12:10 PM] Glen Bradford: warrants are worth $60 in 8 years
[4:12:18 PM] Glen Bradford: x4 today’s price if they are $15
[4:13:04 PM] Glen Bradford: 18.9%
[4:13:12 PM] Glen Bradford: IRR*
