Last quote by Charlie Bobrinskoy
The average regional bank got to 17, 18 sometimes 20 times earnings. Regional banks have traditionally traded for 11, 12 times earnings. So they just got too expensive. I still feel good about the economy, which is getting better. A little bit of inflation is probably pretty good for stocks and we're absolutely seeing signs of a little more inflation. So there's a lot to be happy about, but just don't get ahead of yourself when it comes to regional banks.
Mar 21 2017
We found 3 articles in which Charlie Bobrinskoy said something. The most recent Charlie Bobrinskoy’s quote is: “There is going to be deregulation. It is going to improve earnings and interest rates are going to go up, but all of that, at this point, is over-factored into the stock.”. In addition, all sources we refer have quoted Charlie Bobrinskoy 4 times. On this page, you will find all of Charlie Bobrinskoy’s quotes organized by date and topic.
Quotes by Charlie Bobrinskoy
Feb 08 2017
There is going to be deregulation. It is going to improve earnings and interest rates are going to go up, but all of that, at this point, is over-factored into the stock.
Feb 08 2017
All of a sudden Europe is not nearly in the bad shape it looked like it was, Mr. Trump is clearly very positive from a regulatory point of view, and the Republicans held the Senate and Mrs. Warren is not in charge of the financial committee, so things are just a lot better than they look last year. Financials have gone from being very cheap – almost universally last year – to being generally over expensive, worth more than their intrinsic value.
Jan 24 2017
It always makes you feel good when the executives are doing what you have been doing yourself. Banks and investment banks are a class of stock where the managers are pretty good at valuing their own stock. This is not Netflix or Amazon, where the insiders have no idea how to value their stock.
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