Is today's purchase. I used up the spare cash in my Roth IRA. I had been trying to trade that cash but the amount is small and it's a hassle. I classify this stock as a stock in the passive alpha category. The yield on this closed end fund is way higher than stated on Yahoo. Six times higher. At least that's what the fund says. 30% of the fund's net assets are in invested in Berkshire Hathaway. The fund also has quite a lot of financials, which may stage a bounceback here. I'll report in more detail on my other recent purchases soon.
Wednesday in the US was a crazy day in the markets. Despite the big fall in Apple Computer (and also a mysterious fall in NDS) we ended the trading day significantly up. Probably around breakeven for trading this month so far. The model is long for the next few days. Up till the FOMC meeting. Selling before the FOMC is looking like a good tactic at the moment.
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