No. of Recommendations: 1
I'm a big fan of Li Lu.
Q1 he initiates a 1.6% position in SPGI. Raised my curiosity. Doesn't scream crazy cheap and a long term rear-view chart is quite boring.
Can anyone care to help with some insight? From Wiki:
<S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".>
Is this a bet on better future crystal balls, perhaps AI? Or, maybe an opaque plain Jane value opportunity?
Mr. Lu opened a five new positions in Q1. This one intrigues me.
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