And where the Grave Dancer is branching out into other things instead, juggling businesses like logistics, health care, and energy.
Recent downdraft has made some good blank check companies into enticing bargains, the value guru argues.
With his deals seeing double-digit declines, the venture capital star encourages fellow investors not to be afraid of making changes.
The blank check outfits sure are popular. But issuers have the upper hand over investors, performance is a mixed bag, and they face possible tough competition.