"Financial companies are more difficult to analyze than other companies - Mr. Warren Buffett

 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

Share:

No comments: