Diary of a Financier

Bookshelf Update: Top Newsstuffs (Week of October 17)

In Bookshelf on Sun 23 Oct 2011 at 10:18
My top multimedia clippings from this past week…
According to SEC filings, many ETFs have more shareholders than outstanding float.
He cites “stupid cheap” valuations, warns against money center banks & asset managers, but likes insurers, even acknowledging the net interest income headwinds. He’s right. I’ve gotten my correction in the sector, now valuations show an overreaction to the prospect of profitability erosion.  I like Lincoln National (LNC).
Primary Dealers exchanging Assets for T-Bills to bolster Tier 1 capital ratios at the end of every quarter, like an explicit Repo 105.


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