MyrnaNorth
09-09

$Broadcom(AVGO)$ Apparently, Hock Tan has not alienated his solid relationships with $NVIDIA Corp(NVDA)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Apple(AAPL)$. Sometimes the squeeze is not worth the juice, and smaller customers are more of a drain on resources than can be justified in the name of incremental revenue.

I know this because I have expertise in turning around companies and in integrating acquired companies. Meanwhile, I increased my position in AVGO by 33% even though it was already the largest position in our portfolio.

I certainly believe that this move was right instead of wrong. Time will tell. It always does!

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