Jul. 31 at 7:07 PM
$PSEC since inception (July 2024) total annualized return of 2.85% (price + div). Money market would have produced similar returns with a lot less drama, let alone the opportunity cost of being in other more productive investments (simple index funds?). Why should we expect the future to be different with the same management team that has produced this 22 year track record (over multiple cycles)? 🤔