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Why are you asking me when their financial statements are available online for you to read? I don’t have some special insider scoop to know whether the numbers
by MichaelZuo 2y ago
Why are you asking me when their financial statements are available online for you to read?
I don’t have some special insider scoop to know whether the numbers listed in the statements are real or fake.
- _heimdall 2y agoWell to be clear, my question there was more broad than any one company's financial statements. I was asking a general question of the motivation for large corporations to avoid having profits on paper. I asked the question rather than claiming it as a statement because I am less confident in the details and want to raise the issue without presuming that I know exactly what I'm talking about on the topic.
- MichaelZuo 2y agoThe same applies to every public company’s financial statements…? That is assuming you’ve taken the effort to read the filings. If your lookkng for easy generalizations that applies to all public companies then no it doesn’t exist. You have to put in the effort to read each individual statement.
- _heimdall 2y agoFeel free to not respond if you don't think my question was interesting enough to answer, or if you think I can do the research. Its worth noting that reading financials still doesn't make me an expert in the area and I'd still be making a mistake to assume that means I understand well enough the games or motivations behind the numbers on a page.