$WFC / $BAC / $JPM; Analyzing Bank Stocks & The Banking Industry – Andrew Sather

Founder, Investing For Beginners

In this episode:

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Summary

In today’s episode, I sit down with Andrew Sather who is a self-taught investor since 2012. He specializes in identifying value traps and avoiding stock market bankruptcies. You can also listen to his podcast – Investing For Beginners.

Show Notes

[3:19] Bank Of America $BAC

[3:39] Just a crazy amount of capital that’s flowing into these banks…

[6:30] Lending to the fed…

[7:51] Fintech

[8:50] $BAC and $WFC still attracting new deposits in a low-interest rate environment

[10:42] Federal Reserve Bank Requirements

[12:27] I’m bullish on the industry in general…

[12:48] Bank Valuation Metrics

[16:45] Building an economic moat through customer service in banking

Resources

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