"History is a wonderful thing, if only it was true"

Saturday, July 18, 2009


I've posted several times that "Banking should be BORING"

CNBC yesterday and Christopher Whalen of Institutional Risk Analysis commented that banks will go back to being treated like utilities.

You will buy them for dividend yield, not capital appreciation.
They are not "tech stocks"

Video clip here

Expect them to have "high single digit" ROE (Return on Equity)

No comments: