Money and Finance
- Richard Feynman Quote
“A scientist is never certain. We all know that. We know that all our statements are approximate statements with different degrees of certainty; that when a statement is made, the question is not whether it is true or false but rather how likely it...
- Muddy Waters' Latest Report
Muddy Waters rates New Oriental Education & Technology Group (NYSE: EDU) shares a Strong Sell because it is probable that EDU will have a significant restatement and possible that its auditor will resign because: EDU has reported 392% revenue growth...
- Second Interview With Tim Klusas, President Of The Marketing Alliance, Inc.
Below is a link to a follow-up interview that my colleague, Matt Miller, conducted with Tim Klusas, President of The Marketing Alliance, Inc (MAAL.pk). The first interview Matt conducted with Tim occurred in October of 2009 (HERE). I also wrote an article...
- Net Worth Update - October 2013
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. The S&P 500 was up almost 4.5% in October which helped to lift most...
- 5 Signs Of A Good Annual Report
Annual report season is upon us, which presents an opportunity to better understand our current portfolio holdings and watchlist ideas, as well as management's strategy and outlook. Here are five signs of a good annual report -- that is, one that...
Money and Finance
Understanding The Numbers
The three pieces which help you put the puzzle together are the Balance Sheet, Income Statement (Profit & Loss) and Cash Flow (+ the footnotes.) These are the key financial statements which together help you fully appreciate a company's current health. In isolation they provide you insight which could be misleading. All three of these statements are related and you need to understand them with respect to the other.
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(If this is your first time, reading these statements, this takes a while initially, and this article is certainly longish, however, my aim is to give you enough in one shot.)
(If this is your first time, reading these statements, this takes a while initially, and this article is certainly longish, however, my aim is to give you enough in one shot.)
- Richard Feynman Quote
“A scientist is never certain. We all know that. We know that all our statements are approximate statements with different degrees of certainty; that when a statement is made, the question is not whether it is true or false but rather how likely it...
- Muddy Waters' Latest Report
Muddy Waters rates New Oriental Education & Technology Group (NYSE: EDU) shares a Strong Sell because it is probable that EDU will have a significant restatement and possible that its auditor will resign because: EDU has reported 392% revenue growth...
- Second Interview With Tim Klusas, President Of The Marketing Alliance, Inc.
Below is a link to a follow-up interview that my colleague, Matt Miller, conducted with Tim Klusas, President of The Marketing Alliance, Inc (MAAL.pk). The first interview Matt conducted with Tim occurred in October of 2009 (HERE). I also wrote an article...
- Net Worth Update - October 2013
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. The S&P 500 was up almost 4.5% in October which helped to lift most...
- 5 Signs Of A Good Annual Report
Annual report season is upon us, which presents an opportunity to better understand our current portfolio holdings and watchlist ideas, as well as management's strategy and outlook. Here are five signs of a good annual report -- that is, one that...