The Investment Doctor
Long/short equity, value, debt, base metals

Sofina - A Belgian Holding Company Trading At A 38% Discount To Its NAV


In this article I'll have a closer look at Sofina SA (OTC:SFNXF), a Belgian holding company which is trading at a very deep discount to its Net Actual Value. I will start with a brief overview of the history of the company to explain why Sofina has a relatively defensive style of investing, and will mo...

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