Contrarian Gambit: Backing the Fallen Star of Cross-Border Payments
The SEC’s latest missive reveals Brickwood now holds 3.8 million Western Union shares, valued at $30.4 million as of quarter-end. This constitutes 21.3% of their portfolio – a position second only to their gold holdings, as if the firm were assembling a modern-day treasure chest of industrial relics. Their other investments read like a roll call of fading empires: Barrick Gold, ManpowerGroup, and a smattering of niche players whose fortunes seem as precarious as a debutante’s reputation at a country house weekend.





