One reason history is taught because history seem to repeat itself. BBT is a good example. It seem BBT's only strategy has been buy-outs of smaller banks. That has worked for them greatly in the 90's, which increased their foot print from their core NC territory into the South and Florida, increasing their earnings power substantialness. One reason BBT has not traded higher has been their lack of risk taking or advanced strategy. It does look BBT is going back to their original buy-out strategy which has worked for them so greatly. I'd love a buy-out in the mid-west. The manufacturing their is much improving and the region has a lot of potential. A FITB probably would be too expensive, but overall not a bad match.