How Do You Analyze a Bank’s Financial Statements?

Banks and non-financial entities have similar financial statementsbut a few key differences due to the nature of their businesses. Banks operate on storing customer deposits and lending money out from those deposits. As such, they earn income from the difference between the interest they earn on lending and the cost of storing customer deposits. This…

Top 16 of the best tweets on the sofa, this piece of furniture where we spend a little too much time on Sundays

If you’re not in bed to read these words, it’s probably because your ass is screwed into the cushions of your couch and you’re enjoying life. Because the sofa, regardless of our age, always brings great happiness to those who use it, whether to watch Christmas movies, fornicate or laugh heartily in front of Topito…

Global stock markets plunge on oil price slide as coronavirus fears spread

Global markets plunge as oil prices slide 30% U.S markets open down as low as 7% Circuit breakers triggered at NYSE as selloff intensifies Global markets plunged Monday morning as crude oil prices tumbled more than 30% on news that the OPEC+ alliance that had kept global oil production contained is falling apart. Russia, a key…

Buy When There’s Blood in the Streets

The worse off the market is, the better the opportunities are to profit. That’s seemingly the credo for contrarian investing. Nathan Rothschild, a 19th-century British financier and member of the Rothschild banking family, is credited with saying that “the time to buy is when there’s blood in the streets.” Whether or not Rothschild actually uttered…