I first heard about Business Development Companies, or BDCs, in David Einhorn’s book Fooling Some of the People All of the Time.
Our old family business, Flight Display Systems, is now controlled by a BDC (Fidus Investment Corp).
BDCs seem like an interesting area to learn more about investing and debt. I’ll post some of my notes here on this page.
Previously I wrote about:
- Is a Correction Near? My Current Stock Market Investing Thesis
- What I Learned About Inflation at London’s Bank of England Museum