Comments by "" (@mrpmj00) on "Financial services is having a classic innovator dilemma moment: David Friedberg" video.

  1. Wells Fargo popped +3.8% today!
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  2. Innovation: Wells Fargo created Zelle (better than Venmo because it doesn't hold your money before depositing it into your checking account like Venmo) for other big banks to transfer money to friends, relatives, etc.
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  3. ___FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel... ___Disney, Wells Fargo, Boeing, Walgreens for the recovery. Warren buffet quotes: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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  4. Wells Fargo donated ALL the processing fees ($400 million) for distributing the government checks during Covid19, whereas other banks kept it as profit. https://newsroom.wf.com/English/news-releases/news-release-details/2020/Wells-Fargo-Launches-400-Million-Small-Business-Recovery-Effort/default.aspx#:~:text= %E2%80%9CBy%20donating%20approximately%20%24400%20million,African%20American%20entrepreneurs%20and%20other
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  5.  @brandonderrick006  Wells Fargo donated ALL the processing fees ($400 million) for distributing the government checks during Covid19, whereas other banks kept it as profit. https://newsroom.wf.com/English/news-releases/news-release-details/2020/Wells-Fargo-Launches-400-Million-Small-Business-Recovery-Effort/default.aspx#:~:text= %E2%80%9CBy%20donating%20approximately%20%24400%20million,African%20American%20entrepreneurs%20and%20other
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  6.  @brandonderrick006  Did you miss Microsoft's +14% pop since 6/1?
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  7.  @Lord_technofascist_nepobaby  Wells Fargo donated ALL the processing fees ($400 million) for distributing the government checks during Covid19, whereas other banks kept it as profit. https://newsroom.wf.com/English/news-releases/news-release-details/2020/Wells-Fargo-Launches-400-Million-Small-Business-Recovery-Effort/default.aspx#:~:text= %E2%80%9CBy%20donating%20approximately%20%24400%20million,African%20American%20entrepreneurs%20and%20other
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  8.  @Lord_technofascist_nepobaby  WRONG. Wells popped +3.8% today.
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  9.  @brandonderrick006  WRONG. Wells popped +3.8% today.
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