ValueWalk's Raul Panganiban interviews Dr. Howard Schilit, the Sherlock Holmes of Accounting and the author of Financial Shenanigans. In this part, Dr. Schilit discusses the four categories of manipulation mentioned in his book, and unraveling the Valeant fraud.
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and three kids in Passaic NJ. - Email: jacob(at)valuewalk.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I have a few existing holdings from years ago, but mostly mutual funds and some ETFs. I also own 2.5 grams of Gold
10 Stocks With A Perfect Piotroski Score by Matt Hogan, founder of finbox.io Joseph Piotroski, a Stanford accounting professor, developed a set of rules to find companies with strong Liquid... Read More
J.C. Penney Company, Inc. (NYSE:JCP) announced plans to close 33 underperforming stores in a desperate bid to shore up its profitability. Describing the decision as a “strategic initiative to advance... Read More
Volatility dominated equity markets around the world during the first quarter of 2018, following what was a relatively subdued year for volatility in 2017. Indeed the CBOE Volatility Index... Read More
The UK could be the next largest developed economy to embark on further aggressive monetary easing; that’s according to a Global Macro Strategy research note published by UBS earlier... Read More
The Securities and Exchange Commission (SEC) is reviewing “hedge fund mutual funds” being offered to average investors, evaluating leverage risk in these “uncorrelated” investments. Mutual funds were designed as a... Read More
Grow Fast Or Die Slow: Why Unicorns Are Staying Private by Begum Erdogan, Rishi Kant, Allen Miller, and Kara Sprague - McKinsey & Co. Technology companies worth more than $1... Read More
As European regulators recognize their laws do not trump U.S. data collection, Facebook held out in court as example of privacy violator Read More
Disappointing housing data has been one of the weak links in the US recovery, but commercial real estate (CRE) is becoming a more attractive asset class for sovereign wealth,... Read More
Warren Buffett’s fortune has just shrunk by $2.8 billion, and it’s all going to charity. The announcement was made on Monday that the billionaire investor has given 20,640,653 Berkshire Hathaway... Read More
Tech The S&P 500 could end the year roughly flat (within +/- 5%), which has only occurred on 7 occasions since 1980, a Goldman Sachs report muses, as it... Read More
