Sold All of L Brands (LB) and Park Hotels and Resorts (PK)

posted May 28, 2018, 10:35 PM by Intelligent Investor
An article in CNBC scared us. L Brands (LB) could be a broken company.

As far as Park Hotels and Resorts (PK),  we never wanted to be in the luxury hotel business. During a recession, most luxury products just do not perform so well.