A quick update on two purchases in my portfolio.
- First purchase: I added to my position in S&P Global Inc (SPGI) @ $294.00 last week. SPGI still remains a small position in my portfolio and I continue to buy every dip until I get to a full position. SPGI is one of the beneficiaries of the growing worldwide debt markets as each issued bond needs to get rated by SPGI (and other rating agencies). There are of course other segments of the business in addition to the Ratings segment growing well quarter after quarter. This is my second iteration of the purchase. See previous purchase here.
- Second purchase: I added to my position in FirstService Corp (FSV.TO) @ $144.94. Another position that has remained relatively small and I continue to build up as I want to increase the relative size of this position in my portfolio. FSV is a real estate operating company with majority of its operations in the US. This is my third iteration of the purchase. See previous purchases here.
What are your thoughts on these purchases. Share a comment below.
Full Disclosure: Long SPGI, FSV.TO. Our full list of holdings is available here.