securities portfolio
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 8, 2021 by David Baran · across every show →
Everything said about securities portfolio, oldest first
Feb 8, 2021 neutral
Baran: Historical Japanese accounting did not require marking securities to market
“For example, you didn't have to mark to market your securities portfolio. So these companies had massive amounts of stock that had gone up five times from when they bought it 50 years ago. It was on their book at acquisition costs.”