Ricky Martin: Why can't a computer program just screen for metrics and then pick stocks for me? Look for companies with high returns on invested capital, low PE, give me some examples and then let's go. I love your question because we were recently talking in class about chat, GPT. And I'm actually excited about this because I feel like there's a great opportunity for using more and more machine learning and AI to replace the mindless mechanical stuff.
What’s the point of reading a company’s earnings report? Can’t AI do that job? Patrick Badolato, PhD, CPA is an Associate Professor at The University of Texas at Austin, McCombs School of Business where he teaches accounting and financial statement analysis. Badolato joined Ricky Mulvey to discuss: - How Walmart, Rent the Runway, and Peloton adjust earnings (and what it means for shareholders) - Why investors should follow a company’s operating income - The pros and pitfalls of GAAP metrics - A better way to count stock-based comp. Companies Discussed: WMT, RENT, PTON Host: Ricky Mulvey Guest: Patrick Badolato Engineer: Tim Sparks
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