Howard Schilit interview in Barron's

[Rabbitisrich]

He has some good tips and a warning about earn-out accounting:

 

http://online.barrons.com/article_email/SB50001424053111904646704577295943317169860-lMyQjA1MTAyMDMwMTEzNDEyWj.html?mod=barrons_share_email

 

 

 

[oddballstocks]

I read his 2002 edition probably back in 2006, it really opened my eyes to what could be done with accounting.  I don't think I ever looked at a company the same afterwards.  I think there's a newer edition out, not sure if the examples are updated or not.

 

The interview was good, he really hit on some current issues, I liked the examples.

 

I think a lot of investor's returns would be helped if they approached companies with a much more skeptical outlook especially with regards to the accounting.