Why is Bank of America Stock Prices Falling so Much
Friday 26th of August 2011
LOL! Warren Buffet made a 5 billlion purchase of the preference shares at 6% yield and the stock went up! How's that for moving the market?
Let's see who is right in 12 motnhs. Warren or the market?
Sure is a humbling experience for fundamental investors - what does Warren sees that they don't see from the numbers?
Sunday 28th of August 2011
this looks like a national service to me .
Thursday 25th of August 2011
My opinion is they are still holding on to much of the sub-prime loans in the form of CDOs, complex derivatives and what you have not? The leftovers from the 08 meltdown transfered to them by Merril Lynch.
How to make money like that?
Here is an interesting take by Joshua Brown at The Reformed Broker:
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
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