click here to view older commentary27/9/17 SOLD It was with some reluctance I sold out my postion in BRG, they have been a good business but the share price has just got too far ahead of my calculated range of IV. They have been trading over $11 and my IV is between $7 and $8. In reality I paid a bit much for them, but the market has been very kind. I think one bit of less than perfect news could really take the wind out of its sails. I had sold some down in June to take some profit off the table, overall capital gain was $10600, $3039 in divvies for $13639 gross profit over 3 years, a 20% compound return per year. A return I would always be happy with!
