GrampaRick’s Activity

Mon Feb 17

Article Comment

GrampaRick commented on an article. 9:41 PM

Why Did This Massive Hedge Fund Company Sell General Electric?

One person's trash is another person's treasure. A hedge fund may have sold GE, but Warren Buffett dramatically increased his holdings with it.

Thu Jan 30

Article Comment

GrampaRick commented on an article. 2:30 PM

BDC's Big Advantage on Private Equity

PSEC has an edge in the highly competitive BDC industry.

For example, over several quarters it has been issuing short & long term notes with rates from 4.5% to 6.5% to raise millions of dollars in order to

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Article Comment

GrampaRick commented on an article. 2:21 PM

Phillips 66 Earnings Are Proof That Wall Street Is Completely Wacky

PSX is a great company. Perhaps the market is focused on any potential negative effect on earnings that the sale to Lubrizol (owned by Berkshire Hathaway) may have. That asset being sold has a 30% Return on Equity.

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