When is a sale not a sale? Investors should be aware of the different ways in which even a simple number such as the sales figure can be reported. Here I point out a couple of the techniques that can be used to flatter a firm’s results.
Investing Red Flags – Revenue Recognition
Corsair Capital, the event-driven long-short equity hedge fund, gained 6.6% net during the second quarter, bringing its year-to-date performance to 17.5%. Q2 2021 hedge fund letters, conferences and more According to a copy of the hedge fund's second-quarter letter to investors, a copy of which of ValueWalk has been able to review, the largest contributor Read More