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Knowledge is King

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Knowledge is King

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Re: Knowledge is King post# 17756

Wednesday, 04/06/2016 2:45:31 PM

Wednesday, April 06, 2016 2:45:31 PM

Post# of 113912
Encouraging quote from SVVC($7.50) CEO/President Landis...


this is in the shareholder letter from the annual report I received in the mail today...


"While we are very excited about the prospects of our portfolio companies, our enthusiasm is clearly not shared by the market, judging by SVVC's persistent discount to NAV. I believe the market is grossly misjudging the value of our portfolio, and I have put my money where my mouth is. I personally made a significant investment in SVVC stock during 2015, and anticipate being a buyer in 2016 as well. We continue to examine and consider other ways to deliver value to shareholders and will do what we think is best for the long-term investors in our fund."

I know you think you understand what you thought I said, but I'm not sure you realize that what you heard is not what I meant."
--Alan Greenspan

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