5 Minute Investor: When You Don't Want to Spend the Time, but Want the Results by Michael Craig

From the Publisher

This book gives any investor the ability to protect him-or herself in this uncertain environment by using financial statements as a weapon. Becoming a "financial detective" doesn't require any understanding of accounting, mastery of obscure language, or the ability to read the fine print without a microscope.

In just five minutes, you can learn:

• How to spot the tricks modern companies use to boost revenue totals, artificially reporting top-line growth.
• Where to find all the places companies put acquisition gains and losses, either hiding bad investments or bolstering operating results with one-time items.
• How to compare the income statement, cash flow statement, and balance sheet to judge the quality and predictability of earnings.
• What "pro forma results," "EBITDA" and "goodwill" are, and what they can reveal...or hide from you.
• How to tell when even an "honest" company is feeding you information that's not entirely accurate or forthcoming.

Product Details

• Table of Contents

Table of Contents