April 6, 2018
Last year we purchased a ‘distressed’ Kindred Healthcare corporate bond. We have a significant increase in value PLUS we have received some very nice dividends. We like to sell high: SELL THIS BOND.
Here is another positive article on LADR which has been in the Core Portfolio for a long time….it is always nice to see good reviews on positions that we own.
We feel LADR is too rich to buy right now: if you already own, continue to hold your position.
We have seen numerous positive reviews over the last few months. Here is a tiny excerpt from the article:
“On our last earnings call, I signed off saying I was optimistic about the quarters ahead and today I’d like to leave you with that same sentiment. As the rest of 2018 unfolds, we stand to benefit from rising interest rates.“