Alex Filonov's  Instablog

Alex Filonov
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I was born in 1956 in USSR. After graduation from college in 1979 I worked full-time as an IT specialist. Until 1990 I worked for different companies in the Soviet military industrial complex. I created a small software business in 1991, which failed in 1993. I worked for Oracle Corp in 1995 in... More
My blog:
Muddling Investor
  • Buying A Bank. British Bank 1 comment
    Dec 4, 2013 10:49 PM

    Opened a position in HSBC (NYSE:HSBC) today. I am buying Europe now. And this bank is the biggest there (and probably in the world). One more reason: UK doesn't let its banks fail. And 3.6% yield is nothing to laugh about.

    Disclosure: I am long HSBC.

    Additional disclosure: Positions can change any time.

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  • samuel_liu
    , contributor
    Comments (2753) | Send Message
    I should have bought HSBC when I did a paper on it. Also did a paper on $INTC. Bought some loser Alleghany Intl
    5 Dec 2013, 07:51 AM Reply Like
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