On today's podcast I chat with Bram Berkowitz to discuss investing in mutual savings banks. I first became familiar with the topic from an excellent article he wrote:
See: How The Average Person Can Make A Lot Of Money Investing In Mutual Savings Banks
0:00 Background and intro
2:10 The basic pattern of mutual banks offering pre-IPO shares to account holders, a potential run up and second bump 3 years later
Recent example: $EBC
10:10 How to identify future candidate banks?
12:45 Is this opportunity nationwide? Or more prevalent in MA?
Links mentioned:
You can find Bram's work on The Motley Fool and follow Bram on Twitter @BramBerko
My thanks to Bram for appearing on the show
Milenomics ² Podcast - No Annual Fee Edition