I’ve always been an extremely risk averse investor. I think watching my dad lose two stable jobs in a short time from a sluggish economy made me really skeptical of economy. … See more

Let’s review the income statement again because it’s important in understanding how Net Income is ultimately derived. 1. Revenues 1.1. (minus Cost of Goods) 2. Gross Profi… See more

There is a second type of loss on a company’s Income Statement which is actually non-cash in nature; meaning it doesn’t necessarily represent operating expenses … See more

On the one hand, some people will argue that a goodwill impairment is not terrible news because it does not represent true operating (or cash) losses. In other words, it’s sort of li… See more