Really enjoyed this one. There’s a clarity in the way you explain things that makes the idea stick. I took a couple of notes from it and it gave me something to think about today. Looking forward to the next one.
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.
Really enjoyed this one. There’s a clarity in the way you explain things that makes the idea stick. I took a couple of notes from it and it gave me something to think about today. Looking forward to the next one.
Thank you Paul, I'm very happy you found the article useful and certainly hope you find the book helpful. All the best!
Adding to my list. Thanks! There are couple of easy to read books that helped me a lot by Thomas Ittelson.
That's wonderful to hear. My pleasure, hope you find the read useful!
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.
Net Income is the Rain.
Cash Flow is the River.
Total Assets is the Ocean.
Rain gets into the River flowing to the Ocean.
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.