http://seekingalpha.com/article/735031-morgan-stanley-is-it-time-for-a-takeout?source=email_rt_article_readmore&ifp=0 INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

This was an exceptional interview on Bloomberg with Morgan Stanley (MS) CEO James Gorman.  Gorman correctly understands the global nature of the financial industry and the benefits of scale necessary to compete on that global level.  It is extremely obvious that the sum of the parts of these banks are greater than the current market...Read More

http://seekingalpha.com/article/659441-morgan-stanley-exceptional-franchise-at-50-of-intrinsic-value INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

The sour grapes relating to the Facebook (FB) IPO continue in today’s WSJ as Morgan Stanley’s (MS) CEO James Gorman defends the firms handling of the process.  It is my opinion that the firm acted well within its duties and I would wager that if the stock had rallied rewarding speculators, the firm would be...Read More

In the story that never quits I found a very interesting quote in a Bloomberg article about Facebook (FB) CFO David Ebersman approach to pricing the IPO. “Ebersman’s aim was to maximize the company’s IPO proceeds and to cap the first-day increase at 10 percent, said the people, who asked not to be identified because...Read More

It is absurd to think that because Facebook’s IPO hasn’t resulted in instant gains for investors that bought at the IPO price, the banks that led the underwriting are at fault.  IPO’s have the odds stacked against them for retail investors as insiders are selling their stock to the public.  They aren’t selling their shares...Read More

I think this is an excellent call by UBS as Morgan Stanley (MS) is an absolute steal trading at 50% of tangible book value.  This is one of the finest investment banks out there with a balance sheet that is marked to market that you can buy for 50 cents on the dollar.  This panic...Read More

Jamie Dimon the CEO of JP Morgan Chase came out with his shareholder letter today.  I always enjoy reading it as Dimon is honest, insightful, and outspoken.  He touches on a variety of subjects but I found most interesting his belief in buying his stock, and his rationale for doing so which I completely agree...Read More

Two stocks that we at T&T Capital Management (TTCM) think are likely to be big winners over the next 3-5 years are Citgiroup (C) and Morgan Stanley (MS).  This article talks about the possibility that Morgan Stanley will accelerate the purchase of the remaining portion of Smith Barney that Citigroup owns.  This deal which was...Read More

On December 19th I sent out an email discussing the unbelievably cheap valuations that we were seeing, which you can see from the forwarded email below.  This is just a quick update on how they are faring.  The point is not to get overly excited, just as we don’t want to get overly pessimistic when...Read More