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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (29667)1/11/2008 11:26:56 AM
From: Jurgis Bekepuris  Respond to of 78464
 
AXP debt. I respectfully disagree. IMO, 2005-2006 and 2006-2007 debt growth has outpaced any kind of "business growth". But I agree with your other points.



To: Spekulatius who wrote (29667)1/11/2008 2:41:56 PM
From: Jurgis Bekepuris  Respond to of 78464
 
I decided to enter [t]AXP[/t] today with a minimal purchase.

I also decided to avoid [t]BAC[/t] for now. I am a bit scared to see what CFC will do to its ratings and balance sheet. Unfortunately, the acquisition happened in January, which means that we will only see Buffett's reaction to it - if any - when BRK releases its holdings sometime in April.