Author Topic: First Interview For The New Board!  (Read 5995 times)

frog03

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Re: First Interview For The New Board!
« Reply #10 on: February 08, 2009, 02:21:27 AM »
Sanjeev, what is the track record of this gentleman?


summer

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Re: First Interview For The New Board!
« Reply #11 on: February 08, 2009, 03:44:58 PM »
This interview idea is great.  I missed it somehow on the last board.  My question is "Was pumping $$ into banks/counter parties assumed too large to fail a necessary evil or would have letting them fail and investing in banks with good models have been better? Or was there a completely different way to avert what we were told was going to be financial armeggedon this past fall?
thank you
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as matter expanding into nothing that is something,
wearing stripes with plaid comes easy
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Parsad

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Re: First Interview For The New Board!
« Reply #12 on: February 11, 2009, 09:38:41 AM »
If you guys have any more questions, please submit them.  I will be putting together the questions and sending it out to John this weekend.  Cheers!
No man is a failure who has friends!

netnet

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Re: First Interview For The New Board!
« Reply #13 on: February 11, 2009, 01:54:05 PM »
Great job and thanks Sanjeev!


1) There is not a trivial risk that Bank of America and Citi will be nationalized and their shareholder wiped out.  What range of probabilities does he assign to this.  Would invest in either anywhere in the capital structure?

2) Second order effect of the such a nationalization, how does he think that will affect strong banks?  Wells Fargo seems to be a strong bank.  What does he think of it?  The preferreds versus the common.

3) Other than the usual suspects, American Banker, WSJ, Barrons, Fortune, Forbes, Newsweek, and the 10K's etc. what does he read currently. 

4) What is his circle of competence and how did he establish and grow it. (I don't think he was ever a banker.)

5) What are the key ratios he uses to evaluate and compare banks?

6) Why does he want the additional conflict involved of active investing?

7) Could he illustrate his thought processes concerning specific investments? (previous positions are fine)

8) As an investor what was (were) his worst mistake(s)?

ragu

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Re: First Interview For The New Board!
« Reply #14 on: February 15, 2009, 10:16:40 AM »
Sanjeev,

Thanks for setting this up. I have a few questions:

1. How does he rate Jim Verney? Follow-up: What are his thoughts on Verney's departure from Western?
2. If he had to pick out one quality of Sardar's that gives him an edge in investing, what would it be?
3. I'll understand if he can't answer this but I'll give it a shot nonetheless: Did the idea for the "put" provision related to the purchase of the remainder of the minority interest in Mustang originate from Sardar or John?

Best,
Ragu