BH - Biglari Holdings Operations Now Valued At Negative $90 Million
For some investors, a stock's price can get so low that even if they don't love the business, or the management team, they are willing to allocate capital in the shares based on the belief that the discount to intrinsic value will at least narrow over time. In that sense, the stock might be seen more as a contrarian trading opportunity, than a long-term investment. I would put shares of Biglari Holdings (BH) in that category at the current quote of $190 per share.
Biglari Holding is unique in that its assets are