Normal
RealistNo the formula is correct, after all it was written by Graham.It is your interpretation and utilization of the formula that is questionable.You clearly do not understand when it is applicable, and when it is not.I have seen precious little evidence of any analytical ability, or even the inclination to apply thought to the problem at hand. In short you are looking for an easy ride, and assuming that purely superficial reading of Graham is sufficient.Without understanding the quirks of GAAP and applying them, you do not understand what you are looking at. In short, you can look at NPAT that are positive, but in reality, the business is losing money.Yes, so what?jog ond998
Realist
No the formula is correct, after all it was written by Graham.
It is your interpretation and utilization of the formula that is questionable.
You clearly do not understand when it is applicable, and when it is not.
I have seen precious little evidence of any analytical ability, or even the inclination to apply thought to the problem at hand. In short you are looking for an easy ride, and assuming that purely superficial reading of Graham is sufficient.
Without understanding the quirks of GAAP and applying them, you do not understand what you are looking at. In short, you can look at NPAT that are positive, but in reality, the business is losing money.
Yes, so what?
jog on
d998
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