10.11.2023

We finally ripped the band-aid off

Yesterday we made the decision to sell off all our shares in NewtekOne, Inc. Common Stock (NEWT) even though the share price is far from what we want. Sometimes you have to rip off the band-aid and move on.

As our holding in NEWT constituted a large part of our total holding, the consequence is that we have a large part of our portfolio uninvested at the moment. A portion of the sale will be reinvested in Stellus Capital Investment Corporation Common Stock (SCM) but exactly how much remains to be seen.

-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Never make politics out of investments, part 2

Another investor who includes political values. In an interview with the online newspaper Affaersvaerlden , Per H Boerjesson, CEO of Invest...

  • The world's worst secret
    The people, exclusively mothers, that I have talked to about the sadness of the world's most perfect teenager prioritizing friends over ...
  • Say what lasts forever
    I hoped that even today I could wake up to notifications that money had been entered into my account. But no. I'd rather sleep like Scro...
  • The company with 9 lives
    Oscar Properties Holding AB (OP), a Swedish company that is listed on the Swedish stock exchange and whose business idea is to buy, develop ...