Svenska Handelsbanken
![Svenska Handelsbanken and How to Use Book Value](https://investor.fm/wp-content/uploads/2020/08/Svenska-Handelsbanken-and-How-to-Use-Book-Value-876.jpg)
Svenska Handelsbanken and How to Use Book Value
I discuss our investment in Swedish bank Svenska Handelsbanken, and what makes their culture so unique. Then give a short explanation on when book value works as a measure of intrinsic value, and why it often doesn't.