Probably, his best junk peddler’s bullish gut play until oil majors like Exxon Mobil were shedding mothballed, even floating supertankers at scrap value. GM printed year-end numbers sky-high relative to the dumb-bunny consensus. I have no tolerance for lazy security analysts who conjure up earnings numbers and put heady valuations on properties. Apple, today, is one low-price earnings stock I shy away from. Selling at 10 times earnings power with tangible book value at no premium, Citigroup was the best fourth-quarter operator, better than JPMorgan Chase and Wells Fargo by far.

Source: Forbes January 23, 2019 21:20 UTC