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re: Anyone ever read "Analysis of Financial Statements" by Bernstein and Wild??

Posted on 12/26/13 at 7:58 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 12/26/13 at 7:58 pm to
quote:

Financial statements are vital. It'll tell you the financial position of he company, what they're holding assets/liabilities, what they're spending their money on....


Yes, but only for stocks that aren't already well-followed by analysts to start with. Don't bother trying to study Ford or Citibank, the market price is already better than anything you'll come up with in your spare time.

Some thinly-traded stock out there ... maybe. And even then if you see something ask yourself why the market might be right anyway.
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