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Hi redditors,

I just read this article by the Motley Fool - quoting WB. And I cannot find the numbers mentioned in my stock screener. [Using Yahoo Finance]. Actually most of the article and calculations went over my head. Can you help me parse the points about the high return on equity [ROE].

How did they get to the ROE number 15%? Where did they even find this figure. It looks miles off.

https://finance.yahoo.com/quote/JPM/financials?p=JPM

https://www.fool.com/investing/2019/03/15/why-warren-buffett-thinks-jpmorgan-could-soar-50.aspx

Cheers



Submitted April 13, 2019 at 07:43AM by _pantsparty_ http://bit.ly/2Ux8ALM

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