@MANUTD_TS145@SCHDaccumulator ffs 🤲 i was on the war path over these high yield etfs and fucked up on this one
.....my bad y'all.......thanks for catching me
That was for a single quarter wasn't it? and had declined vs the previous?
I was suggesting this is low vs the industry. The major banks manage close to 20% with orders of magnitudes more in assets.
I'm not pro or anti SOFI. I just think the narrative is wrong from retail investors
@FinDataByLig@CarsonTalkMoney Didn't listen to the call, only read the numbers. I only got interested in this stock because I think people are looking at the wrong numbers - its a bank and should be valued as such
@MoInvestingHQ wow.....a $20 B market cap bank produces bond like returns :/
The long term story is probably very positive, I haven't looked into it enough. But market reaction today seems correct to me
@CarsonTalkMoney How you measure is your choice. I’m just telling you what the market is measuring and why the reaction is what it is.
Your metrics tell me you don’t value this as a bank. The market is valuing it as a bank, so expect some disconnect
@CarsonTalkMoney I guess I’m saying their balance sheet is too good.
Their ROE is about 5%…….JP Morgan (with $4T of assets) is hitting around 15%.
They’re not deploying their capital efficiently which is what the market is rating it on. Retail investors are focussed on the wrong metrics 😅
@MoInvestingHQ I could be wrong but I don’t think I’m off by a lot 😅
I’ve got no financial interest in this company by the way. I’ve just seen a lot of X chatter and people are looking at the wrong number…..IMO
Expectations For Today's Mega Cap Earnings Calls.
$MSFT, $META, $AMZN & $GOOGL report today.
Here's a chart containing performance and what markets are expecting today.
Save, bookmark and share as you wish 👇
@DividendDrip If he’s truly assessed his own risk tolerance then he’s correct.
He’s likely mixing perception with reality and making a mistake. But risk is personal and is the only deciding factor