There are plenty of financial deceptions out there and this is the second video of this kind that I am sharing. Charlie Munger in particular hates this one, a lot! The goal is to bring attention to the various ways that the management can distort the financials and combined with the commentary, paint a picture that is not matching with the fundamentals. Note, these videos are not related to financial shenanigans as there is no uncovering of accounting fraud. All the numbers reported are in line with the accounting standards.
Support the channel via the links below:
Paypal: [ Ссылка ]
Buy me a coffee: [ Ссылка ]
Patreon: [ Ссылка ]
-- Disclosure --
The video is created for entertainment / informative purposes and should not be treated as any specific inducement to make an investment or follow a strategy. The statements/opinions are based on my analysis and can change in case new information is introduced.
Of course, past performance is not indicative of future results and therefore there are no guarantees for outcome in any direction.
If you decide to trade/invest, do not forget that your capital is at risk.
This video does not take into account your particular investment objectives, financial situation, or needs and is not intended as recommendations appropriate for you.
You must make an independent decision regarding investments or strategies.
Before acting on information on this show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
