Comments on: BILL MILLER SAYS TO BUY BANKS http://pragcap.com/bill-miller-says-to-buy-banks Sun, 12 Feb 2012 06:49:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: DID TRADERS KILL VALUE INVESTING? « Phil’s Favorites – By Ilene http://pragcap.com/bill-miller-says-to-buy-banks/comment-page-1#comment-1922 DID TRADERS KILL VALUE INVESTING? « Phil’s Favorites – By Ilene Thu, 11 Jun 2009 20:02:02 +0000 http://pragcap.com/bill-miller-says-to-buy-banks#comment-1922 [...] choice of “models”.  Regular readers know that I have debunked the Bill Miller myth.  He can’t create alpha to save his life.  He’s been nothing but a value fund manager on beta [...] [...] choice of “models”.  Regular readers know that I have debunked the Bill Miller myth.  He can’t create alpha to save his life.  He’s been nothing but a value fund manager on beta [...]

]]> By: Bill http://pragcap.com/bill-miller-says-to-buy-banks/comment-page-1#comment-1155 Bill Fri, 08 May 2009 11:54:44 +0000 http://pragcap.com/bill-miller-says-to-buy-banks#comment-1155 Wow, that's a nice bit of info, TPC. P.S. Mr. Practical points out that the stress-tests extrapolated Q1's PnL through the rest of this year. That's gotta be a pretty big stretch. I think banks are likely to lose much, much more than what the stress tests suggest. Wow, that's a nice bit of info, TPC. P.S. Mr. Practical points out that the stress-tests extrapolated Q1's PnL through the rest of this year. That's gotta be a pretty big stretch. I think banks are likely to lose much, much more than what the stress tests suggest.

]]> By: Gary http://pragcap.com/bill-miller-says-to-buy-banks/comment-page-1#comment-1154 Gary Fri, 08 May 2009 11:51:26 +0000 http://pragcap.com/bill-miller-says-to-buy-banks#comment-1154 I am reluctant to buy back BAC at 14.50/share (after selling for $8.50) when just 2 months ago they were at 3 dollars and nothing fundamentally has changed much...but good luck to those who do decide to buy it. I am reluctant to buy back BAC at 14.50/share (after selling for $8.50) when just 2 months ago they were at 3 dollars and nothing fundamentally has changed much…but good luck to those who do decide to buy it.

]]> By: TPC http://pragcap.com/bill-miller-says-to-buy-banks/comment-page-1#comment-1153 TPC Fri, 08 May 2009 11:29:30 +0000 http://pragcap.com/bill-miller-says-to-buy-banks#comment-1153 Search the site for Millers December bottom call. Nearly top ticked the market to the day... Search the site for Millers December bottom call. Nearly top ticked the market to the day…

]]> By: steve http://pragcap.com/bill-miller-says-to-buy-banks/comment-page-1#comment-1152 steve Fri, 08 May 2009 11:10:38 +0000 http://pragcap.com/bill-miller-says-to-buy-banks#comment-1152 Edit first line ... "Fallen stars don't rise back up that quickly" Edit first line … “Fallen stars don't rise back up that quickly”

]]> By: steve http://pragcap.com/bill-miller-says-to-buy-banks/comment-page-1#comment-1151 steve Fri, 08 May 2009 11:09:11 +0000 http://pragcap.com/bill-miller-says-to-buy-banks#comment-1151 Fallen stars to rise back up that quickly. Bill Miller is doing what he has always done - buy financials. I'm amazed that we don't see FNM, FRE, and AIG on that list as well (for all I know, his fund's bylaws may prohibit him from buying penny stocks).<br><br>These are the kinds of articles and news that you see close to tops. Start accumulating financials at your own risk right now.<br><br>Reminds me of the articles predicting that Great Britian was in need of IMF assistance when GBP/USD was at 1.25 (now its 1.51) and GBP/JPY was at 118 (now its 1.50). Fallen stars to rise back up that quickly. Bill Miller is doing what he has always done – buy financials. I'm amazed that we don't see FNM, FRE, and AIG on that list as well (for all I know, his fund's bylaws may prohibit him from buying penny stocks).

These are the kinds of articles and news that you see close to tops. Start accumulating financials at your own risk right now.

Reminds me of the articles predicting that Great Britian was in need of IMF assistance when GBP/USD was at 1.25 (now its 1.51) and GBP/JPY was at 118 (now its 1.50).

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