Whitney Tilson: Look beyond generalisations

Whitney Tilson's latest article on FT's Inside Curve column.

To say that in the current environment shares of companies in the financial sector are “oversold” or “already discounting a recession” or “poised to fall much further” is a simplistic view that doesn’t reflect the diversity of businesses, companies and risks present among financial firms.

In times of uncertainty, the less discriminating the market is of such differences, the more opportunity for smart investors to take advantage.

“I’m not Warren Buffett and neither are you,” Lisa Rapuanosaid. “You have to think for yourself, be original, use your particular talents and learn.”

Direct Link - Look beyond generalisations.