Bank of America Investment Story Continued

In Articles on August 17, 2011 at 4:00 pm

I had written an investment thesis piece on July 31, 2011, undoubtedly at the wrong timing. Had I known about the impending crash in which the stock took a dive to $6.31 a week later, I would have probably issued a long and strong call. But as William J. O’Neil puts it, in the stock market “There is only one side — the right side. So value investors should be more concerned with the Value (determined by Mr Accountant), not obsessed with the price (as dictated by Mr Market).”

Read more here Bank of America Investment Story Continued


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