An update February 2012, KFT is up 90% but food processing mutual funds are up only 40%, WFC is up 150% but Bank mutual funds are up 0%, and NRG is -20% while Utility mutual funds are up 50%. Overall Warren did better then the mutual funds and did not lose on NRG energy because he bought preferred stocks that pay 10% per year.
@William8573 I think net profit is actually retained earnings. In other videos he uploaded that's what he used. basically what he's doing is Equity divided by the price which gives the number of shares I believe?
An update February 2012, KFT is up 90% but food processing mutual funds are up only 40%, WFC is up 150% but Bank mutual funds are up 0%, and NRG is -20% while Utility mutual funds are up 50%. Overall Warren did better then the mutual funds and did not lose on NRG energy because he bought preferred stocks that pay 10% per year.
MrAlanKendall 2 days ago
"Adding net profit and dividend and divide by book value"? Dividends are paid from net profit, so you're doublecounting the dividend...
William8573 1 year ago
@William8573 I think net profit is actually retained earnings. In other videos he uploaded that's what he used. basically what he's doing is Equity divided by the price which gives the number of shares I believe?
hyungsup2 1 year ago