Quantcast
Channel: Accounting – csinvesting
Browsing all 21 articles
Browse latest View live

Image may be NSFW.
Clik here to view.

Another CASE STUDY on Accounting; Free Course on Behavioral Finance

 Don’t Invest until you see the money lying there on the floor–Jim Rogers, Investor. From the 1997 Berkshire Hathaway (BRKa) Shareholder Letter: In his book The Science of Hitting, Ted explains that he...

View Article



Image may be NSFW.
Clik here to view.

Solution to Earnings Quality CS; Reading Hayek; Learning

Solution to Earnings Quality Case Study (Manufactured Housing) The case was introduced here:http://wp.me/p2OaYY-1y8. Try it now if you haven’t. What jumps out at you? Red flags should be flying when...

View Article

Image may be NSFW.
Clik here to view.

A Reader’s Question on Case Studies

On my good days, I think of Wall Street as one large promotion machine and on my bad days, I think of Wall Street as a den of thieves.–Jean-Marie Eveillard Capitulation everywhere (risks rising):...

View Article

Image may be NSFW.
Clik here to view.

Hitler’s SS and Investing; Jim Rogers’ Interview; What Is Inside Banks?

Daniel Kahneman on Life and Investing (Interview) http://www.forbes.com/sites/steveforbes/2013/01/24/nobel-prize-winner-daniel-kahneman-lessons-from-hitlers-ss-and-the-danger-in-trusting-your-gut/...

View Article

Image may be NSFW.
Clik here to view.

Readers’ Questions

In the second decade of the twenty-first century, America is faltering under the weight of a dual crisis. Its public sector teeters on the ragged edge of political dysfunction and fiscal collapse. At...

View Article


Image may be NSFW.
Clik here to view.

The Great Deformation; Current Conditions; Is Bitcoin Money? Ponzis; Watch...

This freakish central bank accumulation of dollar liabilities, in turn, was the result of the greatest money printing spree in world history. In essence, we printed and then they printed, and the...

View Article

Image may be NSFW.
Clik here to view.

Update on CSCO Analysis (Sales and Accounts Receivable Case Study)

We last posted the Case Study of Cisco (CSCO) here: http://wp.me/p2OaYY-1YL My analysis: This case forces you to compare the year-over-year change between sales and accounts receivable. The reason why...

View Article

A Reader Seeks Guidance

I appreciate your feedback and willingness to guide me in the right direction. I wanted to go over my current situation and get your feedback. By trade, I’m a computer engineer. But it seems my passion...

View Article


Image may be NSFW.
Clik here to view.

What Is Behind The Numbers?

With sentiment high and stocks in general having rallied for five years, be very careful about the financial numbers in your companies. A strong review of financial shenanigans is worth your time....

View Article


Image may be NSFW.
Clik here to view.

Question on ROE vs. ROCE; Comprehensive Look at EBITDA

http://greenbackd.com/2014/04/28/median-stock-at-all-time-high-valuation/ and an interesting look at margins here: Respecting the Reality of Change The following chart shows CPATAX divided by GDP from...

View Article

Image may be NSFW.
Clik here to view.

Negative Equity Companies

  CLF-2014 Year End Earnings-Release  $7.5 billion write-off and thus $1.4 billion in NEGATIVE equity.  Headed to bankruptcy?  I wouldn’t bet on it, but there go the screens for low multiples of book...

View Article

Image may be NSFW.
Clik here to view.

POP Quiz: Is a Rising ROE Good?

I intend to live forever. So far, so good–Steven Wright — We will tackle Chapter 4 in Deep Value next week and I will find out the status of the forum for advanced students this weekend. I am swamped....

View Article

Image may be NSFW.
Clik here to view.

Screening out Earnings Manipulators; Quality of Earnings

Accounting shenanigans have a way of snowballing: Once a company moves earnings from one period to another, operating shortfalls that occur thereafter require to engage in further accounting maneuvers...

View Article


Image may be NSFW.
Clik here to view.

Measuring Financial Distress Chapter 4 of Quantitative Value

  The corpse is supposed to file the death certificate. Under this “honor system” of mortality, the corpse sometimes gives itself the benefit of the doubt. -Warren Buffett, “Shareholder Letter,” 1984...

View Article

Image may be NSFW.
Clik here to view.

Don’t Spare the Rod: Critique of Investment Research Reports

A beginning analyst sent me a research report to discuss: Ensco PLC Write-Up Now before I start, realize that when I was beginning, my idea of a research report was to mimic Cramer.  Buy because the...

View Article


Image may be NSFW.
Clik here to view.

A Money Problem

We Don’t Have a Wage Problem; We Have a Money Problem FYI: GAAP Acccounting gatech_finlab_lifo_42216

View Article

Image may be NSFW.
Clik here to view.

The END of Accounting?

The End of Accounting An article from the Wall Street Journal. Some may wish to read this book.  On the other hand, we all should know the limitations of accounting.   Accounting was designed for...

View Article


Image may be NSFW.
Clik here to view.

Hedge Fund Analyst Quiz

You just joined as a new analyst and your boss slaps this on your desk Adobe 2000 10K.   What is the real net income to shareholders? Assume a 35% tax bracket. You remember from reading in Berkshire...

View Article

Image may be NSFW.
Clik here to view.

A Reader’s Question on DCF

      QUESTION:  So the intrinsic value of a company is the present value of all future cash flows? Now everyone has a different required rate of return or discount rate, so does that mean one...

View Article

Image may be NSFW.
Clik here to view.

Is Book Value as Relevant as it used to be? (Part 1)

What Worked in Investing-Tweedy Browne WhatHasWorkedFundOct14Web Low price to book value or high book value to price was an INDICATOR of value but no guarantee to coincide with intrinsic value as...

View Article
Browsing all 21 articles
Browse latest View live




Latest Images