Subject: Re: BAC
Mungofitch wrote:


30 of those with highest "naive" ROE: 12.3%/year
30 of those with lowest "naive" ROE: 3.7%/year

30 of those with highest "naive" ROA: 12.0%/year
30 of those with lowest "naive" ROA: 1.3%/year


Am I wrong in thinking this is an absurdly simple (in the best possible sense) model for an ETF?

Just sayin', in case you have time on your hands.

Baltassar