Is Enron Overpriced?

I didn't see the massive apparatus of accounting shenanigans that was supporting Enron. I got into it because I thought, wow, this is really interesting. One long-only investor said he had to own Enron because it's such a big part of the index. He says you have no idea how the earnings number is spitting out at the bottom. There's just this black box and out spits an earnings number, but you have no know how they got there.

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