Posted by Fat Cat Tim Buddy > 2012-05-04 11:15 | Report Abuse

ROE的计算法是：ROE = EPS / NTA .....................

are you a bot?

return on equity is = EPS / equity

nta = nett tangible assets

equity = total assets - total liabilities

equity include intangible assets while NTA does not! .... jeez

Posted by Fat Cat Tim Buddy > 2012-05-04 11:16 | Report Abuse

its ok if u think you are right, but keep it to yourself, dun mislead other people.

Posted by Fat Cat Tim Buddy > 2012-05-04 11:39 | Report Abuse

He was a very dedicated investment guru who contributed his knowledge to the public............

maybe he got experience at other sector of investment or whatever.. but his calculation of ROE is totally wrong..... how can a investment guru? make such mistake.

not only in 1 article , almost every article, the guru ROE calculation also stated as EPS/NTA......

Posted by voltz > 2012-05-04 12:45 | Report Abuse

He's actually making calculation in a more conservative way, excluding intangible asset which has no value if the company is winding up. He explained it in one of his articles.

Posted by Fat Cat Tim Buddy > 2012-05-04 13:12 | Report Abuse

stop defending the guru.. he dint even know the calculation and definition of ROE.

maybe instead of using ROE, he should invent a new ratio and call it - RO-NTA .

intangible asset have no value!? are you stupid enough to believe that?

if intangible assets have no value , microsoft facebook google will only worth 1/1000,000,000 of their total market value.

Posted by joni > 2012-05-04 15:11 | Report Abuse

maybe Buffet has been making MONEY out of the mistakes he never realized; for many ten years . . . ha ha