DD Support Board and Research Team

[bar1080]

Simplest accounting/footnote nugget:

"In 1992, only 31 companies in the Standard and Poor's (S&P) 500 reported a one-time charge. By 1999, more than half had taken at least one special charge. By the end of 2002, only 58 companies in the S&P 500 index did not announce any special charges, according to Thomson Financial/Baseline."

For 20+ years I've warned about recurring one-time special charges [LOLOL!], a staple of red flag stocks.

https://seekingalpha.com/article/569321-book-review-financial-fine-print