Eastman Kodak Company

EK position short Jim Chanos

Thesis

Kodak is cited as a historical example of a value trap, where investors misjudged its declining business model and cash flow management.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the thesis has played out. The thesis suggests Kodak is a value trap, but without evidence of price movement or business developments, we cannot determine the outcome. Therefore, the confidence in this assessment is low.

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