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>Very few US prisons are for profit. Just under 10% – which is certainly a minority, but still enough value that Michael Bury (Big Short investorguy) once had
by ProllyInfamous 4mo ago
>Very few US prisons are for profit.
Just under 10% – which is certainly a minority, but still enough value that Michael Bury (Big Short investorguy) once had an entire fiscal quarter where his only net-increase positions were in for-profit prison operators.
Lots of money and facilities in private prisons, particularly in This South.