CPXGF - Another Portfolio Swap
Originally published February 20, 2018
I have been trying to cut the fat out of my portfolio this year and basically have eliminated all the holdings I didn’t want anymore. On Thursday I decided to remove the one holding I didn’t like anymore.
SOLD!
We sold our entire position in Cineplex (CPXGF). Yes we broke Warren Buffett’s rule of not losing money. We took a loss of just north of $200 on the sale of Cineplex. Now there are a lot of reasons I like the company. They basically have a monopoly on the movie