Alpine Total Dynamic Dividend CEF (AOD)

[bar1080]

I'm very familiar with the Dexter deal. It was a bad loser for BRK but mostly because the seller took it all in BRK stock, not cash. Brilliant seller!

I can honestly say 100% of my current investments have been "winners." Not hard to say when the stock market is at record high and when I sell my very rare losers for tax losses (haven't done that since two bank stocks several years ago).

It's a matter of definition, tho. I have several old mutual funds. Owned them for about 25 years. Of course I've made money in them over such a long period. But not one of them has kept up with my performance benchmark, the S&P500 index.

Luckily I saw that lag happening almost immediately after I bought them. My next fund purchase was the Vanguard Total Stock Market Index fund... my first Index fund. Year after year, Quarter after Quarter that index fund beat my other four funds. It also beat the small amount of money I put in individual stocks.

Over the years I've owned three CEF's: TY, ADX and one that was liquidated at great profit to me about 30 years ago.

I wouldn't touch any CEF not selling at a discount to NAV. I'm not sure I'd buy an Alpine fund, like AOD or AGD, at any price! Alpine is garbage.