I bought a small number of Goldman Sach equity today at US$87.76. Reasons of purchase:-
(i) Book value of about US$107. So I am buying at US$20 below book value.
(ii) Warren Buffett stock
(iii) Last of the few US investment banks around
(iv) PE value of 5.3
Dividend is miserable at 1.4%. Data is accurate as of today.
Caveat Emptor
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