Not much happened this month.
I finished an excellent book – “The power of habit” and am reading another – “More than you know”.
I started a position in Nam Tai Electronics (NTE). It is an electronics manufacturer and has significant assets in terms of real estate (see gurufocus). The company trades at meaningful discount to the book value and the management has a track record of being shareholder friendly. I hope I will be able to add more at these prices.
Following is the cash report for the month.