This book looks interesting
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March 19, 2010 at 10:57 p.m.
Understanding a Companies Finances
March 19, 2010 at 11:02 p.m.
Nice link. Looks very understandable and would be great to get and keep a clear picture of our own co's. As for investing, go ahead and read the K and Q statements with all the notes, etc. but pray to your God they haven't fooled around with the accounting practices. I no longer trust any of their financials. At all. Maybe Buffett's. They look clear enough, but the 'surprises' prove the numbers are very often rotten. I can't work with rotten.
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