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


To: Spekulatius who wrote (58448)11/11/2016 8:16:02 AM
From: CitizenKane  Respond to of 78957
 
I think the fair value of BAC is higher but I prefer WFC.



To: Spekulatius who wrote (58448)11/11/2016 8:53:59 AM
From: Micah Lance1 Recommendation

Recommended By
Investor Clouseau

  Respond to of 78957
 
This will be an interesting time for financials at the Trump administration (I can't believe I just typed those words lol) have said they will repeal Dodd-Frank which has been a huge drag on their profits. The next year or so will be pretty interesting as some of the proposed changes will change the financial and healthcare industries quite a bit.



To: Spekulatius who wrote (58448)11/11/2016 11:24:50 AM
From: Graham Osborn  Respond to of 78957
 
deleted



To: Spekulatius who wrote (58448)11/11/2016 6:25:34 PM
From: Spekulatius  Read Replies (1) | Respond to of 78957
 
Sold AXS @$61, JPM @76, WCC@61.35, Vale @$8, NN.AS @€29.4. - basically taking advantage of the interest rate / bank and infrastructure rally.

Bought some FRFHF (Fairfax), which has come down in price to about 1.2x Book (if my math is correct). I also bought a small ~1.5% position in Fairfax, because I don't understand the company all that well yet.