Is Warren Buffett a Two-Faced Liar When It Comes to Bank Stocks?

“The banking business is no favorite of ours. When assets are twenty times equity — a common ratio in this industry — mistakes that involve only a small portion of assets can destroy a major portion of equity.” “The banking business is no favorite of …

Is Warren Buffett a Two-Faced Liar When It Comes to Bank Stocks?

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