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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (65961)	1/8/2021 4:37:32 PM
From: Madharry	of 78867

took a beating today on my sliver stock axu and my pot stock clvr . fairfax india also dropped i have no idea why. after my for the time being success with kf i am looking at another closed end fund. their management fee is about 1% but they sell for a 15 discount and close to 15% of their assets are in cash so that seems like a pretty good deal to me. the stocks they own are very marketable btw so the valuation is real. I guess my only gripe would be that in reality the management fee for me would be more like . 1.25% because the hold so much cash.. but i guess i have to look at risk adjusted return. Bidu sadly has taken off like a rocket without me being on board. I will have to console myself with shares of baba now.

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