"Normally I'd start by looking at the balance sheet, but it is an opaque and dishonest mess. Like the banks I have often written about, their accounting is untrustworthy."
I see you've learned something. In your previous articles, if you didn't understand the accounting, you just made up your own numbers.
Trading the GM Bankruptcy [View article]
I see you've learned something. In your previous articles, if you didn't understand the accounting, you just made up your own numbers.