Friday, November 13, 2020

Back in Perdoceo

I recently sold shares of Perdoceo as I worried about what complete Democratic Party control of the US government would mean for for-profit education companies. Free college was a very real thread to Perdoceo, in my opinion. As the Democrats failed to take complete control of the Senate, however, I think the biggest downside risk to the company is off the table for some time. As a result, I'm back in Perdoceo as I find it far too cheap, despite the fact that a President Biden is likely to bring back rules that make it harder for companies in this space to get away with not providing useful educations to their students. Read more...

No comments:

Follow by Email