Thursday, April 25, 2024 9:36:03 AM
https://www.reuters.com/markets/us/after-14-years-lehman-brothers-brokerage-ends-liquidation-2022-09-28/
The initial requirement was to pay or liquidate 60 Billion... We paid that ... Then it changed to 90 Billion .. We paid That.!
They wanted More... we paid That . At last check we've paid more than $115 Billion.
Under Stand.... See the Pattern??
Back to Business with a clean Sheet!!!
A few Major assets haven't appreciated back to their 2008 value. Some sectors in the portfolio have
had significant value recovery and then some. IMO
The Point... Value Recovery.
ALL IN OR NOTHING.
CAUTION: DON'T TAKE MY POSITIONS AS ADVICE. I LIKE RISK. IT CAN BE YOUR BEST FRIEND. THE PROBLEM MAY LAY WHEN YOU CAN NO LONGER GAUGE YOUR BEST FRIEND. AND ABANDON YOU.
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