What Are Investment Banks and Financial Companies Worth?

by Kaiser Edamame

8. That’s it. 8. They are all worth 8.

All financials stocks are worth 8. (Fast forward to minute 6 or so, it all will become clear by minute 7)

Recommendation: If a financial stock is above 8, short it until it is 8. If it is below 8, maintain a buy until it is at 8.

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  1. Mark
    March 25th, 2008 | 2:29 pm

    That was a waste of time.

  2. March 25th, 2008 | 3:38 pm

    Your comment was cut from the same cloth. Mark Clownman. Yeah, I said it. Everyone else was afraid to. Clown-man.

  3. Numpty
    March 25th, 2008 | 9:48 pm

    The guest was making fun of the anchor because the anchor kept pushing him to predict exactly when a turnaround would happen. “Come on, 6 months? 12 months? When will it happen?” When all stocks are at $8 you moron. Time will tell, so get off my back!

  4. steve
    March 26th, 2008 | 7:45 am

    “ben bernanke will be selling used cars”

  5. HF
    March 26th, 2008 | 8:36 am

    About commodities: “nobody is buying this stuff yet… yes it’s up”

    So, let me understand… nobody is buying it… but it goes up eitheir way… This must be some kind of Zimbabwenomics…

  6. pirate vs squid
    March 26th, 2008 | 10:08 am

    “I don’t sit and watch my Bloomberg. I don’t even have a bloomberg machine.”

    Short Bloomberg machines. Long the “Money” section in USA Today. Tons of positive carry on this trade, plus USA Today is ironic in urban settings so you still have a shot to pick up hipster chicks and alternative girls on the train, which is nearly impossible if you are using your blackberry to check in with bloombergAnywhere.

  7. March 26th, 2008 | 5:02 pm

    Jim Rogers is such a tool. I would call him a massive tool, but that would be inaccurate, given that the top of his head only reaches the bottom of the kiddies’ urinal.

    Tool. Tool. Tool.

    Dumbshit bowtie, too.

  8. Wondering
    March 26th, 2008 | 6:51 pm

    Does this have anything to do with the meaning of life being 42?

  9. CL
    March 27th, 2008 | 2:14 am

    school teachers, “fire department people”, “poor ol’ cotton farmers” and Jim Rogers paying for 28 year old investment bankers to drive out to the country in maseratis and travel to exotic places

    …like Singapore…

    …where they go bowling with George Soros and Lee Hsien Loon

  10. wow
    March 27th, 2008 | 9:39 am

    he named his daughter “happy”. and he loves ron paul. Winner in my book.