Henry would buy a small position in Nokia at $6.50 but would not accumulate a large position until the stock trades through $55, because below that level the move from $6.50 to $50 is 'so risky,' whereas above $55 (breaking above old resistance), the move to $250 is 'easy cream' and he's willing to size up.
normativepending
Speaker
Hugh HenryEvidence Quote
“I would buy a tiny amount. A tiny amount, you know, but really what I want to do is I want to buy a lot if it trades 55 bucks, right? And the reason is if it trades 55 bucks, it's going to trade 250 bucks.”
Source
Once In A Lifetime Opportunities in Precious Metals, Japan, And AI w/Hugh Hendry— Rebel Capitalist InterviewsCreated: 8/13/2026, 9:56:54 AM
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