Replies to post #518675 on Fannie Mae-No Politics (FNMA)

[JosephS]

I am expressing my opinion on the matter. If you want to express your opinions, feel free.

I don't have to advise you or anyone else on any role that I may have played in a lawsuit against anyone on a random board.

Start a campaign against the evil preferred holders if you like.

The fact of the matter is that in a restructuring process, the higher tiers of the capital structure usually have the strongest impact on the outcome if they have a voice.

I suggest the common holders contact Bill Ackman if they want to express themselves differently than they have.

Advocates and anger about selection of the wrong security is best discussed with oneself, not others.

Lessons in the investment realm are numerous and often are paid with loss of capital.

Not a recco

[JosephS]

The preferred holders are not making an issue of anything. They are merely advocating for all. If people don't like it, they may bring their own lawsuit and lawyers to a court so they can advocate for their position. Many common holders understand the issues and concerns of all.

I suggest trying to advocate for all instead of making an issue of something decided over 10 years ago. Likely before you invested any substantial amounts of money in the stock.

Not a recco

[JosephS]

You either understand the rules of investing or you do not. The people who do not understand the rules of investing pay for any lessons with their hard earned capital.

I learned long ago that understanding investments was simple.

Buy things that go up. But. More importantly. Buy things that are unlikely to go down.

It is easier to get caught up in speculation than it is to find something of quality, buy it and wait.

I have been investing for a long, long time. These lessons are still true.

Not a recco