Trade Alert

As we mentioned last night, Rithm Capital (RITM) has been a huge winner for us. We were buying shares when the market hated them. They are not fully valued yet, but there are some other shares we’ve wanted to pick up. Consequently, I took the gains on a large chunk of our position ($19,713.91 in realized returns). I’m still keeping a small portion, and Scott Kennedy is still holding onto all of his shares while waiting for the valuation to climb even further.

I reallocated a bit over $91,000 from RITM into 3 other investments. I’ll go over each of them here.