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Re: cgraut post# 218

Thursday, 06/05/2014 9:37:52 AM

Thursday, June 05, 2014 9:37:52 AM

Post# of 964
Barry bought 100k shares in late march. It's not a monthly occurrence that you drop a million dollars on your own companies stock

Benjamin Graham's wisdom is so true. People would be a hell of a lot better if you couldn't see daily quotes on stocks.

Long and strong.
I work in accounting for USAA's real estate company. I can say that, on my end of the spectrum in accounting, that the changes they are making are simply for reporting reasons. The books aren't cooked, the changes they made were already being net out as they will continue to do so. It's just a matter of revenue recognition. Not whether or not those dollars will still flow through the company, cause they are, just being coded differently.
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