FedEx Corporation
FDX
position
long
Gavin Baker, Atreides Management
Thesis
Baker mentions that despite projecting certain outcomes for FedEx that did not materialize, the investment still yielded a return of 7-8% per year over 7-8 years, indicating a long-term positive outlook even in the face of mistakes.
Did it work?
inconclusive
confidence: low
Since there is no specific price performance data available and the time elapsed since the pitch is unknown, it is difficult to assess whether the thesis has played out or failed. The thesis suggests a long-term positive outlook, but without concrete evidence of price movement or specific outcomes, the confidence in the evaluation remains low.
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