A first look at Flutter Entertainment; Backroads Scotland trip started
At last week's Value Investing Seminar in Italy, Gustavo Pifano of Gabelli Funds pitched the beaten-down shares of gaming company Flutter Entertainment (FLUT). It operates, among other things, prominent sports-betting site FanDuel. In addition to being an excellent pitch, this idea caught my eye for two reasons... First, we recommended Flutter in our flagship newsletter, Stansberry's Investment Advisory, in August 2019. We held the shares until December 2024, when our thesis on sports betting was validated and the stock had become fully valued. So we wisely exited the position for a 251% gain. Second, my old friend Michael Burry of […]
July 15, 2026
|Whitney Tilson