Citigroup: It Is Not Too Late To Invest
Core Insights - Citigroup has been a favored trading stock over the past decade, often trading at a significant discount to its tangible book value, specifically around 0.4 times TBV [1] Group 1: Company Analysis - The focus of independent banking research includes financials, deep value, special situations, and financial arbitrage [1] - The approach is agnostic and apolitical, aimed at identifying durable and uncorrelated cash flows that perform well in both inflationary and deflationary environments [1]