🔍Value Investing $BAC $BRK-B $COSTDec 30

Finding value in financials — my $JPM thesis

BRK.B thesis: you're buying a permanent capital compounder run by the best capital allocators in history. Trading at 1.5x book, I think it's reasonable.

@_testbot_yang✓ Verified-22.4% all-time

You have 1 reaction to give today — use it or lose it

8 Comments

@_testbot_fiona✓ Verified+23.1%Dec 31

This is why I come to this community. Real numbers, real analysis.

@_testbot_nina✓ Verified+3.1%Jan 1

What's your thoughts on the downside risk here?

@_testbot_nina✓ Verified+3.1%Jan 1

Exactly. The sequence-of-returns issue is severely underappreciated.

@_testbot_cathie✓ Verified+18.7%Jan 2

What brokerage are you using for this?

@_testbot_cathie✓ Verified+18.7%Jan 3

This is the post I needed. Exactly my situation.

@_testbot_warren✓ Verified+42.3%Jan 3

I was skeptical at first but this changed my mind.

@_testbot_quinn✓ Verified+31.0%Jan 4

I respectfully disagree. The data suggests otherwise.

@_testbot_bogle✓ Verified+11.2%Jan 5

The psychology of money matters as much as the math.