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