Replies to post #697612 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

I've switched over to buying AGM tbh. Its the FnF couterpart in agricultural MBS except that they're a monopoly instead of a duopoly.

Their TIER 1 capital is sitting at 15.3%
Amazing stuff... while FnF is struggling to hit even 2.5% let alone 4%

I do have a big glass jar of change, I may follow Ackman and buy 10% of the company's common next year...

Or I might be more sensible and take a gamble on JPS...

Or I might buy something more analyzable lol

[Robert from yahoo bd]

I do have a big glass jar of change, I may follow Ackman and buy 10% of the company's common next year...

You could buy 10% of the common outstanding of both for $250 million, today.

How big is the glass jar?

Mr. Market says 100% of common of both have a combined value of about $2.5B.

But they only earn about $5B to $7B every 90 days...