Financial Self-Defense for Investors

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Insomniac Press, 2005 - Business & Economics - 210 pages
An old adage says ''numbers don't lie.'' But how do you know if they do lie? How is an investor supposed to know when a company is misleading its shareholders with false financial statements? Financial Self-Defense for Investors outlines the manipulations and shenanigans embedded within financial information, from annual reports to investor prospectuses. Investors need to know what the tricks and sleights of hand are or could be. This highly readable book explains how companies alter their financial statements and the other practices used to pull one over on shareholders. The book is a primer for investors in the tradition of Confessions of an Advertising Man. It will appeal to both novice investors and seasoned professionals. Industry practitioners will nod in appreciation as they recognize some of the grey-area techniques used to manipulate information with timing and spin. Professional fraudsters may regret this publication. It also contains a financial sucker test that identifies individual gullibility as a lead-in to financial disaster. You cannot afford to miss this book.

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Page 5 - Mine eyes shall be upon the faithful of the land, that they may dwell with me : he that walketh in a perfect way, he shall serve me. 7 He that worketh deceit shall not dwell within my house : he that telleth lies shall not tarry in my sight.
Page 21 - Investor relations is a strategic management responsibility using the disciplines of finance, communications, and marketing to manage the content and flow of company information to financial and other constituencies to maximize relative valuations.

About the author (2005)

George Gutowski's career includes managing institutional funds as well as being a self-styled arms merchant within the investor-relations and corporate communications fields. He has observed sinners and saints for several decades.

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