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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.940+1.0%Nov 7 9:30 AM EST

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To: refugee investor who wrote (987)2/12/2012 8:27:17 AM
From: refugee investor  Read Replies (1) of 1366
 
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Obviously he does not just steal ideas, the port is a mixture of high quality, safe value, and some obscure things. JC Penny is an Ackman pick I think, seems to be betting on the jockey with Berkley and Buffett, some tiny NC banks.

I have noticed there are plenty of very small and medium-small (ca 1 billion) banks that are under book, net-nets, with good capital ratios etc and no lawsuits. They are not as cheap as BAC, but also do not have the problems and would probably be satisfactory investments, a case of not needing to make the game any harder than necessary. It helps with the research if they are local. One I have thought about is FBNC.
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