Corporate Action in the Quality Portfolio
Update on a recent corporate action for one of the holdings in the Quality Portfolio.
Latest — page 2
Update on Caledonia Trust
This week, I will touch on the Caledonia Investment Trust (CLDN). The portfolio is £3bn, yet the market cap is £2bn. So, by investing in CLDN, you get a share of £1bn for free.
Venture: US Technology
This Venture recommendation highlights a once hugely popular stock, which fell by 90% before the turn. Yet, unlike other stocks that collapsed after the 2021 bubble, this one has delivered higher revenues and cash flow, while embracing AI.
Strategy Is Not a Systemic Risk to Bitcoin
It should be noted that MSTR’s risk relates to the premium or mNAV, and not the credit risk. The latter would only kick in if the price of Bitcoin truly collapsed from here.
Malaysian Bond Yields Are Lower than Gilts
Not only does Malaysia have a lower cost of borrowing than the UK, its currency, the Ringgit (MYR), has beaten the pound since the Asia crisis in 1997/8.
BOLD
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BOLD Buys the Bitcoin Dip
In November, BOLD fell by 3.6%, while Bitcoin returned -16.5%, Gold +5.9%, and global equities +0.3%, in USD terms. This has been a severe correction, yet Gold’s gains have softened the fall for BOLD.