In personal finance, nobody’s perfect
The discount to book is particularly significant here, though the bank is dependent on cost cutting to prove a good value from an earnings perspective. Billionaire Kerr Neilson’s Platinum Asset Management is one significant shareholder (see more stocks in Neilson’s portfolio) . Warren Buffett is known as a big fan of Wells Fargo /quotes/zigman/239557/quotes/nls/wfc WFC -0.87% , and his holding company Berkshire Hathaway led our list of significant shareholders of that bank. Wells Fargo’s earnings multiples are in line with those of its peers, even though its perceived safety results in a staggeringly high (by comparison) P/B of 1.5. 57 funds and other investors had Goldman Sachs /quotes/zigman/188479/quotes/nls/gs GS -0.47% in their portfolio at the end of June, placing the pure-play investment bank behind its integrated peers.
Ive witnessed myself do it in the past and I know I have the ability to move forward on anything I want to do.Thats where I keep my focus. Im imperfect, but I dont dwell on my mistakes aside from asking myself how to correct them. Instead, I remember my successes and strive to match or, better yet, top them. Instead of feeling bad about my imperfections, I focus on feeling good about those moments when I transcend them and achieve something better. I feel greatandI have an example for tomorrow.
Confessions of a Personal Finance Writer: I Don’t Track Every Penny
Blockbuster made mad late-fee money off of me. Make Your Own Laundry Detergent. I tried this for a few months because I thought it was kind of fun. But it doesnt save that much money and the novelty wore off the second time my husband had to say, Uh, I need to do some laundry and theres not enough detergent Have a No-Gift Policy. I dont care about gifts personally. Instead of buying anniversary gifts, my husband and I splurge on a really great meal.