New Horse RaceI have equal stakes in AUG, AAB and LV now. I am very interested in which of these three companies will outperform the other two.
Augen : Unique with its wealth management fee for service cash engine. Mercahnt bank portfolio is small but so are shares outstanding. Committed and excellent maanagement.
Aberdeen: Unique with its royalty focus and totally new to merchant banking but with $60 million in cash at just the right time.
Ned Goodman holds a big stake and Ned is a very shrewd guy in mining.
Stan Bharti is former AUGEN board member and George Faught is pretty brainy. Aberdeen idea fell out of AUGEN I think.
Longview: All know it and it is another idea generator.
So let's see which company can outperform. Closing prices today form base to calculate % returns.
My bet is AUGEN. LV has trust issues and Aberdeen is going to take some time to get up to speed.