undervalued

Maybe he wants to get out of his short before they stop the NWS? LOL

Anyone adding more to FNMAS? It's been trading at its lowest since Trump's election last Nov.

I've held BAC, WFC and LUK since start of recession 2008ish. Still holding them now but have been reducing LUK a little bit. I bought and some a few others, ATSG, MCO, AXP, HD, and all other multibaggers if I didn't sold. I guess what we can learn from this thread is that you should buy and hold and let it ride. Even those stocks that have chance of going to zero, 1 of them did ZINC and it was painful. But then again, what should one do when one strategy involves copying other successful investors? When they zag, what are you suppose to do?

1.2B AUM.

http://finance.yahoo.com/news/fannie-freddie-investors-seek-rehearing-191135466.html Can someone spell out the probability of this going to shareholders way? For example, the probability of the lost case Perry vs Mnuchin was 3/8. Because there were 3 judges, assuming we want all 3 judges to favor shareholders or at least 2 judges. The chances of this happening was 3/8 and we lost. You can see this example http://math.stackexchange.com/questions/364986/probability-of-getting-exactly-2-heads-in-3-coins-tossed-with-order-not-importan. Now what is the chances of us winning in this rehearing? How many judges do we have this time?

Thank you BG and SD for sharing.

Can you please explain more about "the employee arbitrage system"? Other than the two books already mentioned here, can someone list more books about insights about the different systems like the Patels use, etc? I've heard about the Patel hotel business briefly from Monish's book. If someone can summarize a list of brokers/websites that they use to browse the small business for sale/sell, that will be good also. I've seen one website Biz buy sell. I've never registered for the website but some brokers want you to pay up just to get little information about the business. Anyone experience the same thing? What are the usual expenses you guys paid just to get some information on their books (sales, inventory, profit, etc)?

FWIW, Maria Bartiromo starts tweeting about fannie. https://twitter.com/MariaBartiromo/status/840306218270916609

Mark your calendar's and get your popcorn ready. It's going to be a comedy or a sad movie.

How much did you reduce? 50%? http://www.housingwire.com/blogs/1-rewired/post/39521-where-does-housing-finance-reform-stand-now#.WMFi_lbvV8Q.twitter Of the 5 panelists above, which reform is closestly aligned with current shareholders / pref holders? I know DeMarco and Parrot are working for the big banks so not good for current shareholders. How about the other 3 reforms?

N/m I got the article from twitter links for #fanniegate 5 hours ago.. not from google news.

Rolling stone article http://www.rollingstone.com/politics/news/why-is-the-obama-administration-trying-to-keep-11-000-documents-sealed-20160418

https://www.nytimes.com/2015/12/07/business/a-revolving-door-helps-big-banks-quiet-campaign-to-muscle-out-fannie-and-freddie.html?_r=0

Since no one posted this video yesterday of Mnuchin talking about housing reform specificly.. Here it is.. http://finance.yahoo.com/video/steven-mnuchin-housing-reform-priority-140034730.html?soc_src=social-sh&soc_trk=tw

This is what I'm thinking and reason I sold my 50% common position with the thought of adding to my prfd position on any further decrease. The prfd's are all friendly players and Mnuchin could make a fortune while still providing par. I also still believe that a conversion is still a strong possibility. Could you please remind me again on how Mnuchin could make a fortune on this?

I started buying after the election. I am a speculator and I just bought more. This is now 10% position. I doubt I know more than some of the members who regularly posted here.

Found one through Google shopping: https://www.google.com/search?q=Capital+Account:+A+Fund#q=Capital+Account:+A+Fund&tbm=shop. Not sure if this is the 1993, even though it listed the ISBN 9781587991806 and priced at $19.99. I haven't heard of this etailer before but it is fulfilled by Amazon so...

This book is not discontinued by the way and still available for purchase in digital and hardcopies. The 1993-2002 is discontinued but 2002-2015 is still available. Digital or hardcopy: http://www.palgrave.com/us/book/9781137571649

Thank you! After a quick browse using rocket, I don't see debt being considered in their EV calculation for TDG.

Does he own more than 10%? Form 4s don't apply to 5%+ holders. How did journalist find out on his purchase? I believe from this 13g filing (which does apply to 5%+ holders): https://www.sec.gov/Archives/edgar/data/315090/000119312515399523/d103925dsc13g.htm Thanks.

Does he own more than 10%? Form 4s don't apply to 5%+ holders. How did journalist find out on his purchase?

Has anyone been able to find information on WEB purchase in his personal holdings through SEC website? I haven't been able to find his form 4 purchase of SRG for his personal account...

I have FNMAS, FNMAH, and FMCCL, in that order of current dollar amounts. Of those 3, liquidity is best on FNMAS and discount to par is best on FMCCL. FNMAH is in the middle on both metrics. I haven't bought any shares in the past 10 months, own too much already. I have FMCKJ. This is similar to FNMAS but currently trading less than FNMAS. Did you buy that only because of liquidity or is there another reason as well? Trying to figure out why some are so much more popular than the others (aside from liquidity). Dividend yields. Both. FAIRX owns big chunk of FNMAS and FMCKJ.

I have FNMAS, FNMAH, and FMCCL, in that order of current dollar amounts. Of those 3, liquidity is best on FNMAS and discount to par is best on FMCCL. FNMAH is in the middle on both metrics. I haven't bought any shares in the past 10 months, own too much already. I have FMCKJ. This is similar to FNMAS but currently trading less than FNMAS.

so senate went straight to confirmation? excellent! I guess it's a motion to advance him to full Senate vote. https://twitter.com/aspit/status/827273960354050049