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Korea Ratings

KOR position long Gavin Baker, Atreides Management

Thesis

Korea Ratings is the foreign-listed subsidiary of Fitch, and it represents an excellent asset selling at a deep discount to fair value. This investment provides a good opportunity to learn about the Korean market while investing in a business with straightforward corporate governance and capital allocation.

Did it work?

Not yet analyzed

No outcome has been scored for this pitch yet, so there's no verdict to show.