Re: Essential Investment Trusts
Posted: September 5th, 2022, 4:00 pm
I must say I am surprised that otherwise rational posters are deliberately finding fault with Caledonia. As I have said earlier in this thread, Caledonia has done me very well over the last 30 years. There are no surprises, often, as this year, a special dividend and a very conservatively run IT. The big discount has been explained again and again and frankly if you buy it at the big discount it simply does not matter, and there is always the possibility that someday it might be taken private at something nearer the NAV.
Oh and the problem with Woodford's IT is that he deliberately loaded it with dubious private equity transferred from his OEIC. To even mention the Cayzers in the same post as Woodford shows how little some know of Caledonia and the Cayzer family which controls it.
However, no matter. I will continue to enjoy the expertise and connections of the Cayzers. Others will do as they like.
Dod
Oh and the problem with Woodford's IT is that he deliberately loaded it with dubious private equity transferred from his OEIC. To even mention the Cayzers in the same post as Woodford shows how little some know of Caledonia and the Cayzer family which controls it.
However, no matter. I will continue to enjoy the expertise and connections of the Cayzers. Others will do as they like.
Dod