I may post here relevant (in my opinion), and not necessarily recent, quotes. Rather than analyzing specific investments, I will attempt to focus on investors' sentiment regarding broader asset classes and/or specific securities. These will be my thoughts/reactions/questions, and they are not and should not be taken as investment advice.

About me

In particular, I am interested in investors' sentiment and valuation levels. Disclaimer: I work at an Investment Management firm. My comments on this site are not posted in that role, and no opinions of mine should be construed to be recommendations of or to reflect the views of my employer.

Sunday, June 20, 2010

Buying Into a Pariah

T2 Partners are bullish on BP:

"If the time to buy is when blood runs in the streets, it’s time to buy BP. The stock is down 50%, it pays a 10% dividend and everybody hates it. It has nowhere to go but up, say two investment managers."

via Barron's