After 20 years in Pennyland, I've largely lost interest in its scams. What interested me was more its denizens of players and their inscrutable motivations. Aside from a few niches like MJ, the pool of suckers has run shallow. You can see that in all the dead boards. But it's hard to believe that after 10 years of bull markets, a few still chase rubbish.
Been slowly reading, "Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and Fraud in Financial Reports" by an accounting professor. Still I find much more inventive gimmickry everyday on IHUB.
I'm working with an aspiring CPA and I'm constantly annoying him with the accounting minutia I find. He's taking his exam soon, or at least the first two of four required exams.
CPA exam barely touches on the tricks we see everyday.
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Because the Good Life is Just a Pump or Two Away