The weak Swedish krona makes acquisitions a little more complicated now

Last Friday, we purchased a few shares of EPR Properties Common Stock (EPR) in one of our joint portfolios. This minimal block is a control position that helps us keep track of the company.

When the stock market closed on Friday evening, our total holdings had lost 1.6% in value compared to the opening in USD. But because the Swedish krona lost value against the US dollar, our "real" value, i.e. calculated in SEK, was almost unchanged. What we lost on the swings we got back in the roundabouts.

AI generated image with Grok