Buying the dips all year long at significant discount has been my go to trade. From here on we may not ever see a significant discount to the NTA again. To many people are now aware of how great HML is.
I'm also very positive about the financial services acquisitions HML have been making. Clearly Stuart sees great value and opportunities here. I'm not going to second guess him given just about everything he touches turns to gold.
Another 100%+ year and we go from $2- $4 ! Buckle up.