Their safety record is a frkn disaster. The worst in the industry. It is a chronic issue that nobody in this stupid company seems to be able to address.
David Abrams graduated from University of Pennsylvania with a B.A. degree in History. Prior to forming Abrams Capital Management in 1999, Abrams worked at Seth Klarman’s Baupost Group for 10 years. In the nearly 12 years since Abrams started his fund he has achieved an annualized return of around 20 percent (net of fees). David Abrams is a value investor just like Seth Klarman. He invests only a small percentage of his assets in equities. You can check out his latest and previous portfolios below. In June 2014 WSJ published an article focusing on Abrams Capital. The article stated that David Abrams is a billionaire who earned $400 million in 2013. The article also revealed that Boston-based Abrams Capital has nearly $8 billion in AUM and returned 15% since its inception.
He is an ex member and alumni the the Baupost group run by LEGENDARY value investor Seth Klarsman. These guys make money on everything they touch. When they get in is because they see a minimum of 30% upside. I follow Klarsman very closely. Abraham has the same investment/research philosophy. This stock has at least 10 points of upside.
You are OK. Value is $42 to $45. It takes a little while for a spin off to get all their ducks aligned. Stay put (and by that I mean 1 year)
The dichotomy here is, rising interest rates will bring the bank more profit BUT what about the value of their assets. I don't know how many low interest rates treasury bonds are they sitting on. If those assets start taking a hit will that actually affect book value and capital rations, or no since they do have a fix price maturity date ?
Not yet. Stabilizing due to some short covering for the weekend. But Monday could see further downside for the whole market, could be ugly. I am betting on further downside. If the $14 puts start paying over 6% for Nov and beyond or the $15 calls are cheap beyond Jan then I am selling/buying them two fisted.
If they take a peezzz and a dump on the aisles, is that considered a bathroom break ? If not then instruct all employees to shjjjjt and peezzz on the company aisles.
If they wanted to pay their bills they would slash the department of defense in half. They don't want to pay jack. They are a bunch of boot lickers that go apoplectic over a 5 year old crossing the border. Bunch of poozhies
LMAO ! Oh no Benghazi again. Vomit, eat it, vomit, eat again. Oh the humanity of it all.
I know simple concepts are too much for the inbreed pukes. I didn't expect you to get it. Proceed as you were. No need to lift your eyes of the fryer.
When George'tard and #$%$'hd acted like 'tarded cowboys everyone around the world decided that they would not twiddle their thumbs. All the chaos around the world today flows from their failed policies. There is more to come. I told you 10 years ago the two tards policies would set us back 20 years. 6 and counting.
Meanwhile the guy that cause the Countrywide mess, Ken Lewis, is sunning himself on his boat while the DOJ squeezes the regular shareholders. Let them sue so the 2008 backdoor deals between the treasury dept and the bankers can expose how Countrywide was ram rod down BAC's throat
Repukes have been supporting corrupt governments in latin america since Nixon. If they wanted to secure the border they would have supported the right people not exploiters. Besides, the pukes want the hordes across the boarder, that is how they get their cheap labor.
I suppose I will do what I did in the last election and vote libertarian. Hopefully Gary Johnson will be running again.
I don't want to but I have no choice. Maybe if they stop having sex with their sisters and first cousins they will produce a candidate that is not a complete htard.