Lock In The 8.7% Preferred Yield Of Tsakos Energy Navigation Before It Falls Further

Core Viewpoint - The preferred stock of Tsakos Energy Navigation (TEN.PR.E) was recommended for holding due to its attractive dividend yield of 9.2% and a wide margin of safety almost two years ago [1] Group 1 - The recommendation to hold the preferred stock was reiterated, indicating continued confidence in its performance [1] - The author has a background in chemical engineering and economics, which supports their analytical approach to investment [1] - The author emphasizes the importance of fundamental and technical analysis in investment decisions, particularly using options as a tool [1] Group 2 - The author achieved financial independence at the age of 45, showcasing a successful investment strategy [1] - The author follows Warren Buffett's principle of focusing on financial statements for investment insights [1]