The Business Brew cover image

Henry Reardon - Asymmetric Contrarian

The Business Brew

CHAPTER

The Ugly Duckling, Accounting, Shenanigans Playbook

Ernie Garcia, the real Ernie Garcia, is a brilliant financial accountant, economic financial engineer, corporate structure. He was using the ugly duckling, accounting, shenanigans playbook, which relies heavily on gain on sale accounting. In an interest rate environment that goes down at the time, like perpetually, and rates are negative, you could recognize some gains pretty quickly.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner