Why I sold off Lands’ End and Woori Investment.
We’ve made some slight adjustments to the portfolio lineup.
The Saks buyout offer undervalues the enterprise.
The private equity model delivers in this market environment.
We’re maintaining a moderate cash balance and seeking opportunities.
The Hong Kong developer trades at an attractive discount.
With Ambase, we didn’t see much in the way of future gains.
Genworth’s plans to divest its Australian unit sometime in 2013 will create tremendous value for shareholders.
The three represent excellent risk reward propositions in the medium term.