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DIY Investor's avatar

Adding to my list. Thanks! There are couple of easy to read books that helped me a lot by Thomas Ittelson.

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Giuliano's avatar

That's wonderful to hear. My pleasure, hope you find the read useful!

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Margin Of Safety's avatar

Check out Howard Schilit’s Financial Shenanigans books too. The first is the easiest to read. But the later additions added to the schemes that were used to mislead investors, including via the cash flow statements.

Then there is Quality of Earnings by Thornton O’Glove, another worthwhile read.

I’ll check this one out too. Thanks.

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ATC (Absolute Total Compound)'s avatar

Net Income is the Rain.

Cash Flow is the River.

Total Assets is the Ocean.

Rain gets into the River flowing to the Ocean.

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Apr 17
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Margin Of Safety's avatar

Ok AI, release the knowledge then and stop repeating yourself. You are a broken record, but you seem to skip more frequently.

Please stop tiptoeing through the tulips and nurture us with the knowledge we all thirst for and more.

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