Sometimes it is really hard to believe that Wall Street is run by serious, highly-educated professionals.
Strategies
As part of a multi-stock portfolio focusing on dividends, NLY provides a boost to overall portfolio yield with risks that I can manage.
Here's a great franchise whose stock is depressed due to short term concerns that appear largely unwarranted.
I think we are in a near-term bottoming process for the financial sector driven by fear and the unknown unknowns of the European crisis.
During tough times like these, I sometimes like to do what your college professor might have called “cheating.”
Value investing is frequently described as “buying dollar bills for 50 cents.” If I tell you that we are better off searching for dollar bills for 90 cents, you may laugh at my lack of ambitiousness: “Why should we settle for less?”
I'm not sure when the spread between large and small will shrink, but I'm confident it will. And here's why.