Corporate Earnings
When does earnings management become earnings manipulation, and when does earnings manipulation become outright misrepresentation? This is an important question.
Steven R. Ferraro, CFA, PhD
Articles
Is “Go Away in May” a Good Portfolio Play?
The Halloween effect seems particularly compelling because of its seemingly large potential payoffs and the endless attention it receives in the media.
The Buffett Approach to Valuing Stocks
This article provides an example of the process famed investor Warren Buffett is reported to go though to determine the intrinsic value of a publicly traded company.
Investing for Income in a Down Economy
Exploring alternatives for investing in a down economy that may provide better long-term portfolio performance through high-dividend yields and favorable diversification characteristics.
Recognize the True Cost of Compensation
Compensation options are a cost to the firm and need to be expensed if financial statements are to reflect the true value of the firm.
Who’s Driving American Firms?
Corporate boards of directors need to be very proactive and diligent in order to protect shareholder interests, the larger economy . . . and themselves.
Managing Earnings … or Cooking the Books?
Some managers are distorting the economic reality of their firm’s performance through “accounting hocus-pocus,” so analyze financial reports carefully!
Conversation with Franchise Mortgage Acceptance Company’s Wayne “Buz” Knyal
“Buz” Knyal, President and CEO of Franchise Mortgage Acceptance Company, discusses entrepreneurship, leadership, ethics, and education.
Retirement Call to Action
The responsibility for retirement planning now rests more squarely on the individual than at any other time in recent history.