Recent Sell – IPL, BTO


A bit of portfolio cleanup with a couple of recent sales in my portfolio. As mentioned in my monthly outlook posts, I am looking for portfolio simplification — and as a result I want to be only invested in my high conviction ideas.

Instead of outright selling the stocks, I decided to write covered calls and let the market take care of it. The covered calls ended up in-the-money and got called away, but I have no regrets since I intended to sell these positions anyway.

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