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Posted

I've listened to this thing twice now, and I have to tell ya, it is probably one of the best conference calls I've heard from Prem in the last few years.  Alot of detail, lessons, insurance discussion...very, very good!  If you have only read the press release or quarterly, you need to listen to the call.  Good stuff Prem!  Cheers!

Posted

I agree, the call was great.  Certainly made me feel pretty good about prospects and the business. 

 

My only regret was my entry price, but I wanted to get in on the Prem train!  Ah well, he'll wash it out in the long run.

Posted

except using FFH as hedge, why would anyone buy FFH instead of like WFC or BAC?

 

um, because you will make alot of money...without downside risk. 

Posted

except using FFH as hedge, why would anyone buy FFH instead of like WFC or BAC?

 

Funny you ask that since I sold some WFC calls today to buy more FFH.

 

Flip the question around.  Except as a speculative play, why would anyone buy WFC or BAC instead of FFH?

Posted

except using FFH as hedge, why would anyone buy FFH instead of like WFC or BAC?

 

I own all three.  Also, Prem's beaten pretty much everyone over long periods of time, so...

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