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A Deep Dive Into Earnings Quality with Columbia Professor Doron Nissim

Excess Returns

00:00

Are You Concerned About Earnings Quality?

John MacIntosh: Earnings quality issues are everywhere, but they're very from one industry to another. He says the old economy is probably more of an issue like PP&E inventory and so on. If you worry about cutting discussionary spending, investment in intangible is what you would be concerned about,. MacIntosh asks if we have to adjust earnings quality for almost every company out there.

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