Subject: Re: OT: CET Central Securities Corp. (CEF)
The manager is Wilmot Kidd is quite old like Buffett I am unsure of the secession plan. This probably causes some uncertainty and widens the discount.

However, Kidd has been able to beat the SP500 by 1-2% quietly and under the wall street radar.

There is also some incredibly low cost basis to some of the positions and that would mean some tax hit and hence discount.

See page 11 below.

http://www.centralsecurities.c...