Earnings manipulation can make a company look very profitable, while in fact they are bleeding money. This week’s guest, Hewitt Heiserman, is an author of the book It’s Earnings That Count and an expert in financial statement analysis. He devised a way of spotting in advance if something is about to go wrong with a company, to help you avoid the next Enron, but also if it is likely to sport above average returns in the near future, using his proprietary Earnings Power Chart.
During the discussion part of the episode, the panel members discuss how they learned to read financial statements, the importance of checklists for investors, the power of insider ownership, and much more!
It´s Earnings That Count blog post by Nick Kraakman
Intrinsic Value Spreadsheet
Panelists In This Episode:
- Andrew Sather | eInvesting for Beginners
- Larry Ludwig | Investor Junkie
- Miranda Marquit | Planting Money Seeds
- Nick Kraakman | Value Spreadsheet
- Our guest: Kate Holmes | Belmore Financial
For a quick bio of each of our show participants, head on over to our panelists page.