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value1008

07/20/18 11:02 AM

#7526 RE: carbonfiltered #7525

Right, dc. In the bulk of my portfolio, my biggest positions by far are in instruments that track the overall markets (domestic and abroad) in different ways, instruments such as the VTI.

In the original 6% of my portfolio that i used to invest in individual stocks, i decided to go heavy on this one as a way of doing a longterm play on the Private Equity sector.

And since i'm very patient with those market-tracking positions and can wait out any choppy sideways action or even a bear market for a year, i can be patient here with this PIOE / RCP play on the private equity sector. RCP Advisors have proven themselves spectacularly at growing their AUM over the past decade-- just the past several years have shown amazing growth in AUM.

I'm looking forward to the reports for 2H of 2018 and beyond, since PIOE mgmt here stated on March 31 report that this is when PIOE's "true earnings power" would emerge more clearly.