Feb. 7 at 5:57 PM
$GSBD I sold my position and moved into other BDCs. Almost half their portfolio is all software with almost nothing hard to liquidate if these companies go insolvent. I also think it's a conflict of interest for Goldman Sachs (#2 investment bank in the US) to have an external BDC. I have a suspicion that this BDC is where Goldman sends clients that they themselves think are too risky to have on their own books. The price action over the years starts to make sense when you see it this way.