Q: My LMN has become 4% of my portfolio - bought most at $17.50 minus the amount given my CSU. I have a 5% position in CSU and virtually no TOI. Sell some LMN to buy TOI? Just buy TOI or considered myself covered by CSU? Growth investor, 10 year horizon. What would you do if it were your account?
5i Research Answer:
We like all three and would not have any issue owning all three. But, CSU controls TOI, and there is some representation of TOI if one holds CSU, so all three are not entirely neccessary for exposure. If we had 9% exposure vis LMN and CSU, on the assumption that both will continue to do well and weightings will thus naturally increase, we would be fine just keeping things as is.