Burford’s business model is one of capital deployment. The company reinvests proceeds from previous investments and raises private funds to act as asset manager. Although it has temporarily escaped competition, finding refuge in the high end of the market, it is unclear how sustainable their returns are.
Nice work, thank you for posting!
Extremely valuable. What valuation method would.you use to value Burford?
Thanks for another brilliant write up, Giuliano!
Thank you for keeping this open! It was very helpful!