Top Stories

Photo by stevepb (Pixabay)

To GAAP Or Non-GAAP, That Is The Question

Colossal declines in the shares of Valeant Pharmaceuticals (NYSE:VRX) and Endo International (NMS:ENDP) wiped out billions of investor capital. The companies’ loose application of accounting guidelines has made the Generally Accepted Accounting Principles (GAAP) vs. non-GAAP (adjusted) debate a hot topic. Unfortunately, when issues […]

Paul Singer – The Market is Broken

Paul Singer – The Market is Broken

In the realm of economics, no government can play god.” — José Niño, Analyst, Acton Circle of Chile I came across today’s intro quote this week while sitting in my beach chair facing the Atlantic Ocean.  The title seems apropos to […]