Me on Lehman Brothers

Every once in a while I get one right. Six years ago, I listed some thoughts for 2006. Here’s what I said about Lehman Brothers:

There’s something about Lehman Brothers (LEH) that I just don’t get. Every quarter they put up great numbers. I can’t put my finger on it, but I don’t see where all the growth comes from. How can they consistently do what others can’t? Maybe the company really is that good. Maybe not.

True, I didn’t exactly call them out, but I was questioning them when many others were not.

Posted by on January 3rd, 2012 at 3:11 pm


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