Investing Mantra's - Stock
"Financial companies are more difficult to analyze than
other companies.
They can report whatever earnings they want - it's an easy
game to play.
For banks, earnings depend on loans and the reserves set aside.
It's easy to change and manipulate the reserves." - Mr. Warren Buffett
|
Home »
Investing Mantra's
,
Investing Mantra's - Stock
,
News - May 2016
» "Financial companies are more difficult to analyze than other companies - Mr. Warren Buffett
No comments:
Post a Comment