Investors like me understand and also considered the consequences to not have made the decisions that were made since 2008. They did the right thing and at an expense that created an opinion like the one you shared.
It is not the whole story, there is much more to it and its no conspiracy.
BAC will do fine, they are working very hard to perform at a company level in my opinion. money over money..
Composition + Speculation + Calculation.
a composition of an integer n is a way of writing n as the sum of a sequence of (strictly) positive integers. Two sequences that differ in the order of their terms define different compositions of their sum, while they are considered to define the same partition of that number. Any integer has finitely many distinct compositions. Negative numbers do not have any compositions, but 0 has one composition, the empty sequence. Any positive integer n has 2n-1 distinct compositions. This is a power of two, because every composition matches a binary number.
Speculation is a financial action that does not promise safety of capital investment along with the return on the principal sum. A person or entity that engages in speculation is known as a speculator or plunger. Speculation typically involves the lending of money for the purchase of assets, equity or debt but in a manner that has not been given thorough analysis or is deemed to have low margin of safety or a significant risk of the loss of the principal investment. The term "speculation", which is formally defined as above in Graham and Dodd's 1934 text Security Analysis, contrasts with the term "investment", which is a financial operation that, upon thorough analysis, promises safety of principal and a satisfactory return.
A calculation is a deliberate process for transforming one or more inputs into one or more results, with variable change.
The term is used in a variety of senses, from the very definite arithmetical calculation of using an algorithm to the vague heuristics of calculating a strategy in a competition or calculating the chance of a successful relationship between two people.
For example, multiplying 7 by 8 is a simple algorithmic calculation. Estimating the fair price for financial instruments using the Black–Scholes model is a complex algorithmic calculation.
Statistical estimations of the likely election results from opinion polls also involve algorithmic calculations, but provide results made up of ranges of possibilities rather than exact answers.
To calculate means to ascertain by computing. The English word derives from the Latin calculus, which originally meant a small stone in the gall-bladder (from Latin calx). It also meant a pebble used for calculating, or a small stone used as a counter in an abacus (Latin abacus, Greek abax). The abacus was an instrument used by Greeks and Romans for arithmetic calculations, preceding the slide-rule and the electronic calculator, and consisted of perforated pebbles sliding on an iron bars.
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[color=green]2 Avacados (Haas) 1 small onion, finely chopped 1 clove garlic, minced (use garlic press for stronger flavor) 1 radish/SHAVED 1 ripe tomato, chopped 1 lime, juiced 1/3 cup chopped fresh cilantro salt and pepper to taste
