Banking sector! Can you invest? Look at what the stock gods of China and the United States say... Forest Garden? At present, I will not invest in bank stocks and real estate stocks, although the company is still profitable and the stock price is still there

Banking sector! Can you invest? Look at what the stock gods of China and the United States say...

Forest Garden? At present, I will not invest in bank stocks and real estate stocks, although the company is still profitable, the stock price is still rising, but this is just a continuation of the previous inertia!

BUFFETT: The banking industry is not our favorite, when the assets of an industry are generally 20 times its shareholder equity, as long as a little situation occurs on the asset side, it is possible to eat away most of the shareholders' equity.

unscramble:

1. The current rise of "China Merchants Bank" is caused by the logic of his "wealth management product sales", China Merchants Bank, Alipay, Tencent, Tiantian Fund Network, the top four wealth management product sales platforms.

2. The future of the bank will definitely make profits, let the profits to the development of small and medium-sized enterprises, the assets of future depositors will also slowly enter the wealth management market, so asset management will be the main battlefield in the future.

3. What Buffett said directly made me understand why the price-earnings ratio of the mainland banking sector has been maintained at about 5 times for many years, and the stock price has not risen.

I'll give you an example and you'll see:

A 10 billion market value of the bank stock, the annual profit is 2 billion, equivalent to the price-earnings ratio is 5 times, but the bank manager about 200 billion assets, every year the bank needs to calculate the bad debt provision (can not repay the money, if the economy is not good, this part of the people will be many!). As long as there are 1% of bad debts every year, then the bank will lose 2 billion! So why banks can make money, but the money is not seen, which is also the reason why traditional bank stocks do not rise!

Because the current economic situation is not good, there are too many people around who can't repay the money after taking out loans!