TSX:SOT.DB - Post by User
Comment by
rad10on Sep 07, 2024 6:00pm
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Post# 36213381
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Be careful
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Be careful
pennylane101 wrote: Speaking of Warren Buffet, I spent my spare time when not kayaking and hiking,,at Algonquin Park reading believe it or not, "Security Analysis" by Graham and Dodd. Interestingly enough, it deals mainly with bonds as you probably know. I wonder if the authors would have ruled out the Slate debentures? Maybe.
You have fun money in the debentures? Haha. All my money is serious. I do my very best not to lose it. The first rule of investing.
I think it's safe to say that the authors would have ruled out Slate Debentures. Doesn't your book mention "safety of principal and a satisfactory return"
Serious money left these Debentures a while ago. This is a speculative flutter, not an investment. Fixed income funds don't deal in busted converts that are in default.
Have you called Slate Asset IR? Did you get a response? I wonder why they don't answer or return calls......
All the best - it's going to be a fun arm wrestle between Slate and G2S2