The Acquirers PodcastPublished 2026-09-30
“The Market Looks Fine. Why Are So Many Stocks Getting Crushed?”
$CNo side taken
Citigroup is a mid-range investment; it trades at a premium to book value but remains the cheapest among major banks.
And you know, you have a company like Citigroup trading at a premium to its book value. As you know, Citigroup has made tremendous progress . They've done a lot of good things, but I mean, this is the cheapest among the major banks.
All other banks trade at large price premiums, you know, some at two or two and a half times their book value. So, there you have it, and you know, that's all I would consider a mid-range investment, I think.