Posting Twelve Insights in Forensic Accounting in a textual format
1) Investors should worry if the assets of companies growing faster than reported profits and those in turn are growing faster than underlying operating cashflows.
2) Not comparing the financial numbers of a company across time with its peers and studying major deviations will help investors focus on the underlying secret sauce, accounting or actual which drives earning power and capital intensity of the business.
3) If you can’t connect financial numbers to accounting underlying then tragedies can happen.
4)2) Topline is vanity, Margin is sanity, Profit is an opinion, Cash is king
Ever wondered what is difference between data, information, knowledge, insight, wisdom, content, etc words that at times we use interchangeably? Also, why does it matters to know the difference?
Data is a basic unit: facts, figures, statement, particulars, details, etc. It is a building block of the rest.
Content is a format by which data becomes digestible, consumable, and shareable: file, document, image, video, etc.
Information = Data plus context ( Who, What, Where, When) and boils down to understanding relations: Information is thus Processed Data that conveys some meaning and context
MOI Global @manualofideas fosters a community of intelligent investors united by a passion for lifelong learning. They recently did an in-depth interview with me which I enjoyed. Thank you for the same.
If I have one good idea and you have another and if we share both of us land up with two good ideas. So Let me share some key highlights to get the ideas exchange going.
Change is the only constant! The true art of evolving as an Investor is being able to improvise & adapt.
“One is fruitful only at the cost of being rich in contradictions.” ― Friedrich Nietzsche
Sharing presentation and key highlights of @FLAMEUniversity webinar on Equity Markets and Real Economy: The current paradox. Link and key highlights from webinar are annexed.