03-11-2015, 01:48 PM
BHN, thanks for the very interesting insight.
MAIN seemed a little more expensive to me than other BDCs but I dipped my toe into MAIN because they seemed pretty conservative and transparent from their reports. Like T, I intend to use the cash from dividends to add to other holdings and not reinvest for now. At around 1% of the portfolio, I'm not too concerned about the ups and down and I get to watch the results. I don't know about others but I tend to spend more time thinking about the business with a little skin in the game.
MAIN seemed a little more expensive to me than other BDCs but I dipped my toe into MAIN because they seemed pretty conservative and transparent from their reports. Like T, I intend to use the cash from dividends to add to other holdings and not reinvest for now. At around 1% of the portfolio, I'm not too concerned about the ups and down and I get to watch the results. I don't know about others but I tend to spend more time thinking about the business with a little skin in the game.
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“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street