Download What's Behind the Numbers?: A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in Your Portfolio AudioBook Free
Companies are under more pressure than ever before to "beat by a penny," nevertheless, you don't need to be a forensic accountant to discover where in fact the spin ends and the truth begins. By using a powerhouse team of authors, you can avoid getting rid of a chunk of your stock portfolio when another overhyped expansion stock fails by knowing What's Behind the Statistics?Making an investment experts John Del Vecchio and Tom Jacobs combination a potent blend of income quality examination, long-side making an investment, and short-side stock portfolio risk management to help you create a long-short stock portfolio with less volatility and greater returns, while staying away from landmine stocks that will blow a opening in your financial security.First, the authors explain the functional part of financial examination. They demystify generally organised assumptions about stock performance, expected earnings, income quality, and brief sellers. They comb the financial statements to get the places where companies hide poor income quality. Finally, they provide the value and special situations committing to set with the short-side thinking and offer a tactical manual for applying what you've learned in the specialized, day-to-day world of stock portfolio management.Armed with this wealth-saving guide, you can confidently trade based on clear data-not the aggressive accounting methods companies use to make their statistics look better than they are. On top of that, it helps you start protecting yourself immediately with:
- Rules for finding companies playing with-rather than by-the statistics
- Repeatable options for uncovering what companies don't inform you of their statistics
- Multistep approach to deciding when to sell a stock so when to brief sell it
- Reliable formulas for identifying when a stock are certain to get hit
