and stock chat........regarding merger
opportunities, I hear no rumors, but that is really immaterial
for long term investors. BB&T's management has a
sophisticated and comprehensive analysis process evidenced by
their track record. It's safe to assume they have
researched, ranked, and talked to the management of
prospective candidates. Whether, if or when a deal is done
depends on the sellers willingness to join up with a
great franchise, and give up some independence for a
broader product line, improved operating efficiency and a
more liquid stock.
BB&T is not an unfriendly
acquirer...why...because they recognize that the franchise purchased is
the sum of personal relationships between staff and
customer. Increased revenues come from a motivated and
incented staff trained to sell more services to customers
and to care about customers. The execution of this
training/sales philosophy is what makes branches "profit
centers" rather than liabilities. The idea isn't new, but
the execution of it is what's different at BB&Tamong
larger banks. The trick is to be big (with the
advantages of scale that implies) without acting BIG. I'll
admit they're not perfect, but they admit mistakes and
try to fix them when they occur.
random thoughts in the new
Young whippersnapper who doesn't care about
getting the little things right:
broker calling you to say: "Ok, I have bought for you
the one hundred pairs of BVD, and I sent them
Astonished, you answer, "Pairs
of BVD? I told you to buy one hundred shares of
Your broker replies, "Oh, hehehehe, my little mistake.
Well, you can always use more underwear,
Or imagine calling your bank to complain: "Hey, I
made a deposit of fifteen thousand dollars but the
statement you sent me shows only fifteen! The teller or
somebody must have misplaced the decimal
And your banker answers, "Oh, maybe, but who cares
about those little things! Just forget about it; it's
only a dot."
So, has it entered your mind that
being precise little things does matter? Of course, we
all make mistakes in spelling and grammar, and I do
not make a big, bad deal over that --I too have erred
aplenty. But it is the desire to get it right that
Certainly, understanding the difference between your and
you're, their and they're, and a and an, is only small
step up the ladder of learning --but it is a step up
nonetheless! Gripes such as "who cares?" or "max nix" or "let
it slide" are instead steps downward, or at least
little slides backward. Getting the little things right
puts us in a better position for continuing the long
climb upward and onward to the more important
As my pupil Socrates agreed: "Knowledge is virtue."
Some of us are learning disabled and are at a
disadvantage without spell and grammar check. Because of this,
I think you should can the English lessons. It
hurts my feelings!
Hey! Maybe I can sue Yahoo!
for discrimination - but I can't spell it. Darn, held
Gud thing I can trade them stocks
Come on folks - get real.
I realized my mistake as I posted it. Was in too
much of a hurry.
My pet peeves: the a/an
situation, who/whom, and the use of "at" at the end of a
Thank you for reminding us!
Is this a great
board or what? Stock and Grammar tips in one!
Thank you for pointing our shortcomings in such a
positive manner. Please stay on this board and keep us
straight. I hope you don't have to pop my hands with "your"
ruler, but I think I would like to stay after school
Call me a grumpy old school "marm," but some of
you need to understand the difference between your
and you're. Your is the possessive form indicating
ownership, as in "Get your motorcycle out of my classroom!"
You're is the contraction for you are, as in "You're a
foolish boy if you don't learn this lesson!" Let me warn
you all: I still have the old straightedge I once
used on the fingertips of the grammatically inept and
I will find you once again!
ABSOLUTELY - Your comments are absolutely a fact.
Own over 1000 BBT and these rednecks are largely
responsible for it's value. After all remember BBT I believe
is the oldest bank in NC or something like that and
started out with rednecks before rednecks knew what a 4x4
Doc..the mudrunning comment is interesting and
addresses something I teach my staff daily. Your best
customer is not the wealthy, retired Dr. with large
deposits...he is actually a liability. Your best customer is
the (and I'm simplifying and being sterotypical) the
long hair freak in the lobby, with loans for his 4x4,
trailer home, and motorcycle who writes 5 overdrafts a
Of course, both provide the bank with something the
bank needs...but loans are a heck of a lot tougher to
get than deposits.
So.....next time your in a
branch and you see one of those long hair freaks come
in...give him your chair and your cup of coffee!