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Strategies & Market Trends : Value Investing

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To: Dennis 3 who wrote (50106)	11/21/2012 4:27:43 AM
From: Madharry	2 Recommendations Read Replies (2) of 78748

HPQ-it just goes to show you how treacherous investing can be. here we are small investors trying to figure out whats going on and major cpa-s m multibillion dollar firms seem to be clueless about what they are buying. How does a company with the resources that HPQ has at their disposal get fooled so badly? yet their were shorts that were raising questions about autonomy as early as 2009. Makes u wonder how much fraud is really going on. What exactly do cpas do to earn their keep? Seems to me that if a cpa lacks the skills to uncover significant frauds there is some problem with their educational process. it shouldnt be so easy for shorts to make a good living by detecting frauds as they seem to be able to do over the past decade or so. This also doesnt reflect so well on Klarmans fund which had a big position in HPQ.

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