In October, I had a great pleasure to be interviewed by two of my favorite Motley Fools: Philip Durell advisor to Motley Fool Inside Value newsletter and Bill Mann co-advisor to Motley Fool Hidden Gems newsletter. In this in depth interview I discuss everything: economy, stocks I like, international investing, practical application of QVG framework, absolute P/E model and of course my book – Active Value Investing: Making Money in Range-Bound Markets.
Lloyds TSB (NYSE: LYG) is up more than 5% at Wednesday’s open, on the speculation that it will be bought out by Spanish bank BBVA. It’s hard to tell whether this speculation has any substance, since rumors of a Lloyds takeover surface every couple months or so. However, Lloyds is a prime candidate for acquisition for several reasons: