From the google board
I have been following the Ackman & Berkowitz show for many, many years. I started with putting 100% of my funds into GGP back in days of BK when Acky was buying in the cents. I told my family and friends either I was going to work until my 70's or create a lot of wealth...well, we all know how GGP worked out for you wall street gamers. I own 235k shares of FNMA and 99k of FNMAS. I bought recently after the adverse court ruling so my cost basis for FNMAS is 3.60's and FNMA the 2.20's.
I followed Berko into AIG and BAC and did ok there too. This investment will be the mother lode of all investments, I am very patient and will be buying more on the dips.Acky & Berko have more resources on hand to vett this investment than I will every have in 50 lifetimes, it really is that simple..lawyers, professors, MBA's........you name it...I ride the back of those in the know and those with connections. Don't think for a minute the A/B show is not working the politicians and govt to come to an agreement...I don't bet against the house, and Acky/Berko are proven winners over the long term.
Watch for exciting developments prior to end of year..I do know some folks employed by Acky/Berko and I expect positive news,,,,,,,,,while you never know how courts will play out, I love this investment. come and visit me in Huntington Beach, CA when this investment blows up, because I will be there on sand relaxing into my retirement years.
Good luck All
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