Professor Glenn A. Okun
Since I am a judge of performance in my capacity as a professor, it is only fair that I judge my results as the Rabid Capitalist. The business development company (BDC) portfolio, intended to provide current income and capital appreciation over the intermediate-term of three to five years, must be evaluated annually. There is nothing but good news in today’s installment.
First, the portfolio has delivered since inception. Current income and capital appreciation have been attractive.
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