Lehman Brothers Financial SA (LEHNQ)

[4Duxs]

One of my reasons for investing was from a very experienced private equity business advisor I met over 15 years ago. I was looking to buy a business and he said “ Buy the biggest business you can”. “ The reasoning was there are more options to find value and grow any business based on the number of asset options it provides.”

Lehman as the largest BK ever certainly provided asset options to uncover. The CT’s are the perfect vehicle as they also include the massive loss carry forward. I’d like to see more infrastructure of Lehman, but maybe there all in Barclays and would be cut out for the re-organized business.

I’m looking forward to this wrapping up.

Joe, to our resident troll, I have less that 1% in this with a huge upside potential. Why would I ever sell now? I don’t regret a single purchase. It’s even easier to hold with it’s current value reduction due to lack of trading. It could go away now and I’d never feel it in my portfolio, that is BTW at an all time high.
Maybe you’d like to compare investment returns over the last 2 years since the Cat have not been trading??

Pouring a bourbon, neat, toasting to all of you for your wonderful contributions, thank you. Cheers