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Re: jbog post# 22065

Wednesday, 05/06/2020 5:48:45 PM

Wednesday, May 06, 2020 5:48:45 PM

Post# of 30508
MET 1Q20 results:

https://www.sec.gov/Archives/edgar/data/1099219/000109921920000200/ex991earningsreleaseta.htm

MET gained $4.2B(!) during 1Q20 on derivative contracts to hedge interest rates.

Astonishingly, MET says that COVID-19 will have only a “modest” impact on 2020 financial results—see slide #10 at: https://s23.q4cdn.com/579645270/files/doc_financials/2020/Q1/MET_1Q-20-Supplemental-Slides-FINAL.pdf .

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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