TFG:NA TFG:LN TFGS:LN

Since we’re talking abt #TetragonFinancial:

Soon it’ll be 5 yrs since tht infamous Forbes clean slate/#altasset IPO article...

...and basically it’s been crickets since:

google.com/amp/s/www.forb…

So what’s the deal?! Well, NO complaints from an operating perspective:

#TFG delivered 10% NAV returns in last 5 yrs & transitioned to a true #altasset mgmt firm...

...ignore rest of the portfolio, it’s jst surplus filler they’ve jammed into Polygon funds/addtl seed capital for its asset mgmt co’s.

Here’s some clarity re #KR1’s share register:

Nominee co’s are set up by major brokers/custodians/etc. to aggregate individual sharehldgs, both large & small...eg in reality, Vidacos does NOT own a 25.5% stake.

And no, #WarrenBuffett does NOT have a direct/indirect hldg in KR1! This nominee system does NOT absolve individual/inst’l investors of req’t to report major 3%+ stakes & any significant chg in hldgs...which you can track via #KR1 RNS:

investegate.co.uk/Index.aspx?sea…

Ideally, KR1 wd also break out these stakes (on a look-through) basis for investors...

This is true, bt also kinda bullshit...when you consider, for example, the classic 80s Yuppie vs. today’s Millennial.

https://twitter.com/bluff_capital/status/1074256721156210689

Do people/investors really believe 80s Yuppies were far less into (luxury) experiences & far more into luxury goods than today’s Millennials?

Frankly, that’s bullshit...