Update from the CIO

Yesterday we reported an NTA of $3.03, up from $3.01 last week. The share price has been in low to mid $2.90's for the last 2 days.

There is nothing new to report this week.

The US reporting season starts up again later this week though, and will go for about 3 weeks, so we expect some news on how some of our stocks are performing financially. Remember also that the next Sohn Hearts & Minds Investment Leaders Conference will be held on November 22, and from this we will get our new list of conference stocks for addition to the HM1 portfolio.

Have a good week.