Upfront note: Rezidor (trades in Stockholm under REZT; disclosure: long) is an international and relatively illiquid stock. Please do your own research and remember that I am often a bagholder. I’ve increasingly been looking internationally, specifically at Europe and Canada, for new investments. There are two particular areas in those markets I’ve found attractive. First, I’ve found smaller / more illiquid companies in those two markets can trade at substantially lower valuations than what I’ve found domestically; I would speculate that’s because the event driven / microcap investor community is less developed in Europe than in the U.S., but that’s pure speculation on my part. Second, I’ve found a bunch of the family holding companies trade at a decent discount to NAV, often despite impressive long term track records of NAV growth and attractive underlying assets. For example, Investor AB (
Checking into Rezidor $REZT
Checking into Rezidor $REZT
Checking into Rezidor $REZT
Upfront note: Rezidor (trades in Stockholm under REZT; disclosure: long) is an international and relatively illiquid stock. Please do your own research and remember that I am often a bagholder. I’ve increasingly been looking internationally, specifically at Europe and Canada, for new investments. There are two particular areas in those markets I’ve found attractive. First, I’ve found smaller / more illiquid companies in those two markets can trade at substantially lower valuations than what I’ve found domestically; I would speculate that’s because the event driven / microcap investor community is less developed in Europe than in the U.S., but that’s pure speculation on my part. Second, I’ve found a bunch of the family holding companies trade at a decent discount to NAV, often despite impressive long term track records of NAV growth and attractive underlying assets. For example, Investor AB (