Knight Capital Is a Shadow of Its Former Self ... and That's Great for All of Us
Knight Capital has released its quarterly earnings, and in this video, Motley Fool financial analyst Matt Koppenheffer discusses the company's painful drop in tangible book value over the past couple of years. He highlights the one major error that the company made that cost it dearly and brought it very near bankruptcy, and he sees it as a healthy positive for society that it was the private market, not a government bailout, that brought the company back from the brink.
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." You can get a free copy for a limited time. Just click here to access the report and find out the name of this under-the-radar company.
The article Knight Capital Is a Shadow of Its Former Self ... and That's Great for All of Us originally appeared on Fool.com.
Matt Koppenheffer and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
