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In this video, I tell you why I decided to sell completely out of my GEO Group position. Core Civic still remains in my portfolio. GEO Group and Core Civic are publicly-listed companies operating in the prison industry in the USA mainly. Michael Burry has been known to trade the two stocks earlier, but does not seem to hold positions in either of them currently. I have published many videos on my channel of these two earlier, so if you are interested more deeply on my investment theses with these two, go and check those videos from Arctic Money channel! One major reason for selling GEO Group stocks for me was the tightened debt-situation with higher interest rates, in the current economic environment we live in. For more thoughts on GEO Group and Core Civic, check the video!
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