LYG

Government Intervention in the financial system might not be as good as expected

(via www.dividendgrowthinvestor.com)

Over the weekend the British government announced that it was increasing its stake in UK bank Lloyds TSB (LYG) to 65% and possibly 77% in return for insuring over 367 billion dollars in toxic assets. The government will do that by converting some of its preferred shares in the bank into common. As part of the agreement, the bank will take a "first loss" of up to 25 billion pounds, with the U.K.

The Complete User's Guide to Warren Buffett's Portfolio

(via biz.yahoo.com)

Excerpt: "There's no need to reinvent the wheel. Buffett, the smartest investor ever, has done a lot of work for us when he buys a position and then discloses his holdings. Studying in the footsteps of the master and his disciples, but using that as a starting point for your own research, will end up being a very lucrative practice."

Looking Abroad for Investment Value

(via news.morningstar.com)

Morningstar has found some intriguing UK investment opportunities. Read the list by clicking on FULL STORY.