GAAP EPS is the only earnings required to be reported to the SEC, signed by the CFO and CEO. Take that any way you want. As always you just want to twist my words for your use. That is why you remain an "idiot investor."
GAAP EPS is the only earnings required to be reported to the SEC, signed by the CFO and CEO. Take that any way you want. As always you just want to twist my words for your use. That is why you remain an "idiot investor."
Ghost of Igloi wrote:
Earnie wrote:What is it about the words REPORTING ACTUAL RESULTS that you don't understand?
Actual results are GAAP, required to be reported to SEC, signed by CFO and CEO as accurate. What don't you understand? Obviously quite a lot.
So.
So you wrote that FactSet uses GAAP data. Maybe you didn't mean it, but you wrote it and need to own it.
You need to own being Detector Dude and list all your handles for the World to see.
I'm sorry to see that you've regressed a bit since our session yesterday. You still seem to want to avoid taking responsibility and would prefer to divert attention from yourself and onto others. Think back to yesterday and the progress we made. I think we were on the verge of a breakthrough and I believe that together we can return to that place and hopefully even beyond. The sooner you accept your limitations, the sooner you will start to feel better about yourself. Cast out your demons.
Oh, snap!
So sad.
Folks, that's what's known as doubling down on stupid.
Oh, snap!
http://www.bing.com/images/search?view=detailV2&ccid=axNHsT4l&id=1854D03324CAAFBE83746333CD24CDA87BFAFB55&thid=OIP.axNHsT4ldDvR6c3Gptdq7wD8Es&q=double+down+on+stupid&simid=608017154111963624&selectedIndex=48Trews wrote:
Folks, that's what's known as doubling down on stupid.
You never fail to live up to my description of you.
As they say "smell ya later horse fart."
So embarrassing.
Oh Snap!
It's quite refreshing to see some objective reporting posted, for a change, from the bear camp. Some interesting facts I took from this:
* More than 1/3 of DJIA companies did not report Q1 non-GAAP EPS.
* Non-GAAP EPS is not always greater than GAAP EPS. In fact, in 2016 barely half of the companies reported non-GAAP that exceeded GAAP.
* Though there are certainly outliers, the median difference between non-GAAP and GAAP in 2016 was less than 12%.
The obvious conclusion is that non-GAAP data is not as prevalent, or impactful, as some would lead us to believe.
This is a marvelous sign. I admit I was feeling a bit pessimistic last night, but I can see now that we have turned a corner here. GOI has transitioned from his prior staunch and intransigent point of view to this more open-minded and middle-of-the-road position. I know that by offering this public pat on the back I risk the possibility of "two steps back", but I wanted to openly celebrate this achievement in the hopes that we can all offer GOI our support and encouragement. This could very well be the start of reclaiming this thread from the place it's been in recent months. Huzzah!
You guys are funny as in a joke.