"I'm defining TBTF as too interconnected with other banks and too politically connected with decision makers."
Please explain how you would personally know of any of these matters.
I know what your definition is so how in the world do you personally know who is in "cahoots".
I know you hate Wall Street and that is fine but you have a severe misunderstanding of the pricing of the security/book value of each firm.
Your thesis makes no sense. Pull up a stock chart of any major bank. Since BOA was already mentioned look at the stock price in 2007... Clearly if you bought the bank knowing it was too big to fail you would have lost money.
How about this. "When shit hits the fan" in the future, take all your cash and buy a bank that got hammered. That's where the money is.
You're basically trying to "disaster invest" before the disaster. If you disaster invest before the disaster... That's called buying a put option not going long.
Please explain how you would personally know of any of these matters.
I know what your definition is so how in the world do you personally know who is in "cahoots".
I know you hate Wall Street and that is fine but you have a severe misunderstanding of the pricing of the security/book value of each firm.
Your thesis makes no sense. Pull up a stock chart of any major bank. Since BOA was already mentioned look at the stock price in 2007... Clearly if you bought the bank knowing it was too big to fail you would have lost money.
How about this. "When shit hits the fan" in the future, take all your cash and buy a bank that got hammered. That's where the money is.
You're basically trying to "disaster invest" before the disaster. If you disaster invest before the disaster... That's called buying a put option not going long.