Buy Thesis for a Bank - May 2022
Banking is a great industry for finding 100-baggers
Over the last few years, I have worked to better understand and evaluate the financial sector and banking industry. A few of my peers that I respect have taught me a lot about this industry through their writings, podcasts, and one-on-one conversations.
The result is that I have spent a considerable amount of time improving my circle of competence to include banks. The bank covered in today’s post is my favorite company that I own. Not just my favorite bank. Favorite company overall.