CINF
6 posts
Sandy Weill's call to break up the banks is not entirely altruistic: It could raise valuation multiples and provide a greater return for financial investors.
2011 was a particularly tough year for the financial services sector, but there remains significant value in individual names and in the regional banks.
The market experienced a fairly large pull back during the month of August and the portfolio did experience a decline but not nearly as much as the benchmarks, the S&P 500 and XLF, and slightly more than VNQ. Get your FREE weekly summary of Andy Schornack’s trades and performance here.