Archive - Jan 16, 2012 - Blog entry

rcwhalen's picture

A Tale of Two Banks: Citigroup and Wells Fargo





I continue to believe that the large difference between the valuation of WFC and C is actually about right and is a function of the high-risk business model at C.  Say what you want about the piles of cash, Dick Bove, C has a gross yield on lending assets that is more than 350bp above the industry average, a function of a subprime internal default target for the average customer.  This is a deliberate business model choice and one that, frankly, makes it hard for me to justify buying C. 

 

thetechnicaltake's picture

Investor Sentiment: An Important Juncture





There is a sense of incredulousness regarding the recent price action.

 

smartknowledgeu's picture

Business School Curricula Today Lacks Real Critical Knowledge to Survive the Global Economic Crisis





Business school curricula today completely lacks the necessary knowledge to survive the deepening and widening global monetary & economic crisis. We offer a video and a few thoughts below regarding the type of knowledge that will help you prepare.

 

Do NOT follow this link or you will be banned from the site!