SYD verses the banks

Once upon a time, the banks especially my CBA shares were almost unassailable by other stocks.  However, in capitalism, it pays to be able to keep quiet about your profit but unfortunately, when it is a listed company, that is not an option.  And government, looking like Robin Hood, is seen as a faked hero for robbing banks legally for the masses.

Hence, SYD and ASX are streaking ahead... but Robin Hood will one day turn his attention on any stock that is perceived to make big profit.

So, beware!  Successful stock picking will end up being robbed by politicians!

Banks

When you make a big profit, always keep your mouth shut.  And don't display your profit indirectly too.  But if you are a listed company, you can't....

Tonight, in the budget, the Treasurer is going to fuck the banks because their profit is too obvious and relatively big.  He is not aware that banks that are unprofitable are not worth owning and depositors may lose their savings!

However, today, banks are slipping by a huge percentage.  This means that some sellers are aware that the Treasurer is getting ready to screw the banks HARD but the average investor is totally oblivious to his intent.  There is a huge element of insider information here.

PEP - Warren Buffett says "Never invest in anything you don't understand"

I only know that PEP is like a 'bank' on the periphery, encroaching on areas where the banks do not want to deal with.

I don't understand its modus operandi.  However, I know from the company's spill that it is making a lot of growth.  This is one of the few new equities that I have invested in recently that is profitable.

https://research.commsec.com.au/LoadPDF?docKey=B64ENCeyJkayI6IjE0MTAtMDE4NTM3NzYtM0o5RFVET0tMSDUyVFFMQTNBTkFES1ZRQUoiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==