A Warren Buffett fan considers the investment case for Royal Bank Of Scotland Group plc (LON:RBS).
Many investors who focus on a low price-to-earnings (P/E) ratio and
high dividend yield in their search for value will have a hard time
swallowing the maxim legendary investor Warren Buffett lives by: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price".
Today, I'm considering whether FTSE 100 bank Royal Bank of Scotland (LSE: RBS) (NYSE: RBS.US) is a wonderful company, and whether its shares are trading at a fair price.
http://www.fool.co.uk/news/investing/2013/10/03/the-warren-buffett-bear-case-for-royal-bank-of-scotland-group-plc.aspx
