
Henry Reardon - Asymmetric Contrarian
The Business Brew
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.