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Monday, February 9, 2026

We Doubled Down on a Value Stock Today

We Doubled Down on a Value Stock Today

By Paul Price of Market Shadows

I love bargain prices. We got another chance to pick up shares of Chilean-based pension fund manager PVD this morning and didn’t waste it.

The Virtual Value Portfolio doubled our 42-share position at $78.94, a much lower quote than we paid for our original stake back on Dec. 2, 2013 when we liked PVD at $86.55 per share.

 PVD  1-year chart

I added 100 shares to my personal holdings today as well.

The company is majority owned by US insurance giant MetLife (MET). I expect that MET will eventually want to buy out the minority holders to simplify their own corporate structure and eliminate expenses.

The $3,315 purchase price will come out of our cash reserve fund.

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