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Strategies & Market Trends : Value Investing

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To: Harshu Vyas who wrote (74670)12/29/2023 8:13:15 AM
From: Sean Collett  Read Replies (3) of 78764
 
Sigh....one book and now GAAP is trash? If you just got it for Christmas how can you possibly have read the entire thing and digested the meaning? It's been four days. And for what it's worth people have been complaining about GAAP for years.

My only challenge here Harshu is that no investor should be taking one element and basing an investment off it. It takes many things to corroborate the value thesis in the investment you're making; earnings/cash flows/story/insider activity.

This is one of the major lessons taught by Aswath Damodaran - the numbers are only half the valuation.

I also don't think anyone has an issue with respectful debate. Surely not I :)

-Sean
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