Prison Breakout

GEO Group & Lazy Shorts

A long time ago, back in October 2023, I was sitting at a Chinese restaurant in London, waiting for a friend to arrive. I was a bit bored so I scribbled my “Back of the Envelope” / “Corner of the FT” analysis on GEO Group (ticker: GEO) and tweeted it out. The tweet is here:

Since then, the stock is up +76%, not quite a double but not bad for a scribble!

This post is more relevant for those who care on GEO, but if even if you don’t, there are a few interesting takeaways here: