Morgan Stanley (MS) - Wealth Management Powerhouse

Morgan Stanley's Origins and Glass-Steagall Act [00:00:00]
Merger with Dean Witter and Diversification [00:02:27]
Financials and Business Segments of Morgan Stanley [00:04:51]
Debt Issuance and Payments [00:10:35]
Increasing Cash Dividends [00:11:45]
Stock Performance and Valuation [00:12:49]
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[@masoudbahraini2291]

David Einhorn has a nice description of banks: hedge funds with limited upside for the investors (a capped profit margin where any profit beyond the upper limit goes to traders/bankers)

[@stockstoryteller]

Hey Masoud, that's an interesting take. I think of banks more as a channel for general economic activity (as opposed to hedge funds, which are purely investment vehicles). And yeah, banks definitely do have limited upside, but I think the strongest ones have limited downside as well, since they're so critical for helping modern economies function. It's an interesting business model; I'm still working on understanding it!

[@masoudbahraini2291]

@@stockstoryteller it is indeed very interesting to learn more and more about financial institutions. At the end though it seems impossible to analyze a bank with a high confidence level 😁

[@SurgeEquityResearch]

@@stockstorytellerI’d agree with you both.