Chris Schons

Laws of Closed-End Fund Investing Suspended?

At today's close, LAQ's share price was trading at a 17.3% discount to its NAV.

Why? And, should we expect this gap to close as 2009 progresses? Also, does it have something to do with an impending capital gains distribution?

(I have owned LAQ for years now, and obviously I want the discount to NAV to disappear; why not break up the CEF and sell its constituent parts otherwise?!!)

Thank you.

What's the Best Way to Capture a Country?

I'd like some opinions of CH . . .