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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: benbuffett who wrote (61708)2/8/2019 10:40:28 AM
From: Paul Senior  Respond to of 78748
 
Ah yes - makes sense now.



To: benbuffett who wrote (61708)2/8/2019 12:38:08 PM
From: Spekulatius  Respond to of 78748
 
Yes, I mean DFS. ADS practice to add amortization to their GAAP earnings was certainly known, but recent performance as well as loss of receivables due to bankruptcies from retailers make this practice doubtful.
FWIW, I own some COF, but I feel I should have bought DFS. I still vastly prefer COF over ADS.