Comments on: Stock Investing: 5 signs of financial slight of hand http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/ Everything to do with thickening your wallet Wed, 01 Feb 2012 15:44:00 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Thicken My Wallet » Blog Archive » Bank stocks announce 1st quarter earnings: too early to get excited? http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/comment-page-1/#comment-18606 Thicken My Wallet » Blog Archive » Bank stocks announce 1st quarter earnings: too early to get excited? Wed, 15 Apr 2009 09:01:18 +0000 http://www.thickenmywallet.com/blog/wp/?p=790#comment-18606 [...] Not quite. At the end of the day, a true recovery will most likely begin on main street and not Wall Street. More to the point, the release of these financial statements may be indicative of a trend I wrote about recently: the tendency of publicly traded companies to use financial sleight of hand to meeting earnings expectations. [...] [...] Not quite. At the end of the day, a true recovery will most likely begin on main street and not Wall Street. More to the point, the release of these financial statements may be indicative of a trend I wrote about recently: the tendency of publicly traded companies to use financial sleight of hand to meeting earnings expectations. [...]

]]> By: Weekly Dividend Investing Roundup - March 14, 2009 | The Dividend Guy Blog http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/comment-page-1/#comment-18272 Weekly Dividend Investing Roundup - March 14, 2009 | The Dividend Guy Blog Sat, 14 Mar 2009 11:03:43 +0000 http://www.thickenmywallet.com/blog/wp/?p=790#comment-18272 [...] 5 signs of financial slight of hand [...] [...] 5 signs of financial slight of hand [...]

]]> By: Weekly review of personal finance blogs for week of March 9th | Financial Highway http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/comment-page-1/#comment-18255 Weekly review of personal finance blogs for week of March 9th | Financial Highway Fri, 13 Mar 2009 05:23:53 +0000 http://www.thickenmywallet.com/blog/wp/?p=790#comment-18255 [...] Thicken My Wallet looks at some financial statements irregularities in 5 signs of financial slight of hand [...] [...] Thicken My Wallet looks at some financial statements irregularities in 5 signs of financial slight of hand [...]

]]> By: Ray http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/comment-page-1/#comment-18219 Ray Tue, 10 Mar 2009 18:35:27 +0000 http://www.thickenmywallet.com/blog/wp/?p=790#comment-18219 "One-Time charge" or "Ex-times" have become the theme for the financial institutions in the last 12 months, every quarter the banks reported 1 time items, but these one time items dnt seem to be so one time. This is exactly what Benjamin Graham warns us about. “One-Time charge” or “Ex-times” have become the theme for the financial institutions in the last 12 months, every quarter the banks reported 1 time items, but these one time items dnt seem to be so one time. This is exactly what Benjamin Graham warns us about.

]]> By: admin http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/comment-page-1/#comment-18216 admin Tue, 10 Mar 2009 13:15:32 +0000 http://www.thickenmywallet.com/blog/wp/?p=790#comment-18216 I agree. The general point being the more jargon is in the financial statements, the worse off investors are (see BMO). I would love to see a management discussion that just said : "We have a lot of cash. This is good. The end." I agree. The general point being the more jargon is in the financial statements, the worse off investors are (see BMO). I would love to see a management discussion that just said : “We have a lot of cash. This is good. The end.”

]]> By: the weakonomist http://www.thickenmywallet.com/blog/wp/2009/03/10/stock-investing-avoiding-financial-slight-of-hand/comment-page-1/#comment-18215 the weakonomist Tue, 10 Mar 2009 13:00:35 +0000 http://www.thickenmywallet.com/blog/wp/?p=790#comment-18215 "Continuous one-time charge" is the perfect example of financese, or "the language of the books". I learned in college there are too many ways to hide losses in a financial statement. This is why when CNBC quotes earnings I always take it with a grain of salt. #2 is perhaps the most important item to watch for on the financial statements of a company. When I'm looking for companies to invest in, I want companies with lots of cash. “Continuous one-time charge” is the perfect example of financese, or “the language of the books”. I learned in college there are too many ways to hide losses in a financial statement. This is why when CNBC quotes earnings I always take it with a grain of salt.

#2 is perhaps the most important item to watch for on the financial statements of a company. When I’m looking for companies to invest in, I want companies with lots of cash.

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