That's a poor return on equity...
Better make sure that is reflected accordingly in the valuations if you consider buying shares in U.S. banks. And don't forget to add a margin of safety for all the known and unknown balance sheet exposures.
And certainly do not forget all the U.S. treasury and agency securities the banks are sitting on, especially the overvalued long term treasury securities.
For highly leveraged balance sheets...
And certainly do not forget all the U.S. treasury and agency securities the banks are sitting on, especially the overvalued long term treasury securities.
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