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TIP565: Why Buffett is Doubling Down on Japan w/ Dan Rasmussen
We Study Billionaires - The Investor’s Podcast Network
The Chaos Kings: A Strategy for Investing in a Crisis
Dan Raspis: When companies aren't hitting their targets, that earnings targets set by Wall Street, many of them will try and manipulate their earnings higher if possible. He says this tends to occur more often when the economy is teetering into a recession. And you've seen a lot more of those types of adjustments recently; some people would say that's a bad signal. But on an individual stock level, looking at those types of accruals, he says, it's generally a bad sign.
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