Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

I've always preferred an ownership stake as I have plenty of other bond like investments in my portfolio mix. Although at these prices it seems like the risk to potential reward of both are pretty good.

Investors have clearly preferred jps as a way to play this 13+ year conservatorship and they may be right in the end, but I personally have always liked owning businesses.

You and so many others are opportunistic active traders but I don't try to time my investments short term, I just go long.