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S&P 500
5,071.63
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US TECH 100
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-0.84%
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bar1080

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bar1080

Re: None

Saturday, 07/11/2020 1:00:54 PM

Saturday, July 11, 2020 1:00:54 PM

Post# of 246
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

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Because the Good Life is Just a Pump or Two Away

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