07 Nov SOLD OUT: POWER FINANCIAL (TSX:PWF)
November 7, 2017
Today I sold out of PWF at $36.75 per share. I still like PWF a lot, however, I like to have a 15% cash balance in the portfolio and the investment in PWF has served it’s purpose for the time being. Proceeds, equating to about 5% of the portfolio, will be used to boost cash holdings and for investments in new holdings such as DISCA (Discovery Networks) and top-ups on others (AMBAC). I still own PWF in other accounts and like the investment.