UndiversifyBC

My name is Bob Chandler. I've been investing since 1986 and have been a full-time investor managing my own money since 1998. I'm a big believer in Ben Graham's "value investing" methodology. I have a MBA and MS in Accounting which does help my investing result (but not as much as one might think.)

Most useful investment advice: "Buy cheap and sell dear. Act with thrift and shrewdness and be persistent." - Hetty Green

BAC LT, raising capital at 6% (non deductible) when your ROA is a lot less and possible big dilution at $7+ doesn't seem so great. Aug 25, 2011