Every retained earning dollar is worth more than one today
CM - I don't get excited about these oddball things that happen every 50 years. I think WFC comes out way stronger.
WB - when WFC ticked below 9 I told a class I'd put my whole net worth in it. Unless they have to issue a lot of shares they will be in a better position. Leverage is what causes problems in this world allows someone else to pull rug from you. Emotions can pull the rug from yourself. Go back and read chp 8 of II.
