First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.

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First Global Data Ltd

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Comment by colimaon May 05, 2018 9:45am

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RE:RE:Is this not a good thing

The accounting change required Berkshire to report $6.2 billion unrealized losses in its marketable stock portfolio, which totaled $170.5 billion at year end, regardless of whether it planned to sell those stocks. Buffett has called the new rule a "nightmare" that would produce "truly wild and capricious swings" in bottom-line results that could, depending on the direction, unnecessarily scare or embolden investors.

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