Episode 46: Making Money by Investing in Mutual Savings Banks

On today's podcast I chat with Bram Berkowitz to discuss investing in mutual savings banks. I first became familiar with the topic from an excellent article he wrote: See: How The Average Person Can Make A Lot Of Money Investing In Mutual Savings Banks 0:00 Background and intro 2:10 The basic pattern of mutual banks offering pre-IPO shares to account holders, a potential run up and second bump 3 years later Recent example: $EBC 10:10 How to identify future candidate banks? 12:45 Is this opportunity nationwide? Or more prevalent in MA? Links mentioned: FDIC Mutual InstitutionsAmerica's Mutual BanksBankInvestor.comThe Zen of Thrift Conversions: How To Turn Hidden Bank Stocks Into Big Gains You can find Bram's work on The Motley Fool and follow Bram on Twitter @BramBerko My thanks to Bram for appearing on the show