

Hand-Wavy Finance
4 snips Jul 15, 2023
Anand Chokkavelu, an investment analyst at The Motley Fool, dives into the world of 'hand-wavy finance' alongside host Ricky Mulvey. They discuss how companies like Apple have repeatedly outperformed Wall Street predictions while using buzzwords like 'artificial intelligence' to their advantage. The conversation reveals the 'big bath' strategy for managing negative news and explores how previous hype cycles can inform today's investment decisions. They advocate for transparency in communication and the benefits of simple investment strategies like low-cost index funds.
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Adidas Jerseys
- Adidas CEO Bjorn Golden highlighted World Cup jerseys in an earnings call.
- This was despite inventory problems and declining profits.
Nautilus Sales
- Nautilus highlighted a 16% sales increase compared to pre-pandemic levels.
- They buried the fact that sales were down 43% year over year.
Adjusted Earnings
- Companies adjust earnings metrics to present a better picture of their financial performance.
- Starting with net income, they move to operating income, EBITDA, and adjusted EBITDA.