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The numbers that Brooklyn Investor is using do not match the numbers that WFC are reporting on their sec fillings. At the end of 2002 they reported book value per share of $17.95. When adjusted for the 2 for 1 split this would be 8.975 per share. When they reported 2012 year end numbers they showed a book value of $27.64. This would be a 10 year compounded rate of 11.9%. Brooklyn investor is showing 18.2%. When you compare the change in book value per share each individual year that Brooklyn Investor is showing is considerably higher than what WFC shows in its SEC reports.

The numbers Brooklyn Investor is showing as book per share growth do not appear to be correct. The numbers in his table look very impressive but do not appear to match what Wells Fargo is reporting. Since people may be making stock purchase decisions on the numbers presented in the table I was wondering if anyone knows of an explanation of why they are so different from the SEC fillings.
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