Financial Self-Defense for Investors
- Publisher
- Insomniac Press
- Initial publish date
- Sep 2005
- Category
- General
-
Paperback / softback
- ISBN
- 9781894663946
- Publish Date
- Sep 2005
- List Price
- $21.95
Classroom Resources
Where to buy it
Out of print
This edition is not currently available in bookstores. Check your local library or search for used copies at Abebooks.
Description
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.
About the author
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.