Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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September 16, 2008 Me on LEH in 2005:" I can’t put my finger on it, but I don’t see where all the growth comes from."

At the end of 2005, I posted some thoughts for 2006 including a few stocks to sell immediately. One of the stocks I said to sell was 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. Personally, I’m rooting for the yield curve.

Posted by edelfenbein at September 16, 2008 11:50 AM

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