@marketmaker, Turning that negative into a positive.....what ?...

@marketmaker, Turning that negative into a positive.....what ? JB or us ? I dont know what more WE can do.... It’s been many more years and he still hasn’t learnt. I bought some more SEC the other day because I agree with their investment philosophy (but not their results) but because there was an approx 35% discount to NTA and their stock selection was prudent. The discount for ALF has remained fairly constant but with the NTA hardly moving but the monthly results declining......... death by 1000 cuts !
Or is that death by frustration. That buy back at $1.10 Was the best thing in ages, but I see that even that has declined of late. A very frustrating situation where for us, substantial funds just seem to be in limbo.