Jump to content

Idiots Who Should Avoid Ratios and Statistics


Parsad
 Share

Recommended Posts

This retard from Bloomberg compiled a list of the most likely Canadian companies to default due to Europe's problems.  He screened ratios and has assembled them without actually reading any financials...a vacuous attempt at journalism!  Somehow Fairfax is on the list, as is Brookfield and a number of other companies that have almost zero chance of default even if Europe imploded.  Cheers!

 

http://www.theglobeandmail.com/globe-investor/investment-ideas/number-cruncher/amid-macro-turmoil-canadian-firms-with-highest-risk-of-default/article2433712/

 

http://www.huffingtonpost.ca/2012/05/17/canadian-companies-risk-bankruptcy_n_1524895.html

Link to comment
Share on other sites

This retard from Bloomberg compiled a list of the most likely Canadian companies to default due to Europe's problems.  He screened ratios and has assembled them without actually reading any financials...a vacuous attempt at journalism!  Somehow Fairfax is on the list, as is Brookfield and a number of other companies that have almost zero chance of default even if Europe imploded.  Cheers!

 

http://www.theglobeandmail.com/globe-investor/investment-ideas/number-cruncher/amid-macro-turmoil-canadian-firms-with-highest-risk-of-default/article2433712/

 

http://www.huffingtonpost.ca/2012/05/17/canadian-companies-risk-bankruptcy_n_1524895.html

 

I guess he doesn't have ratios for the hedges they hold.  How shallow. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...