Quote:
Originally Posted by OmahaChief
He does look at that kind of info but if you ask 5 financial advisors to look at a company balance sheet you are apt to get at least 3 different opinions. I analyze financial statements for my company when a customer needs a large line of credit. I have learned that depending on a person’s risk profile the interpretation of the can be different. Out CFO many times has a slightly differing opinion than what I bring to the table. Both are equally valid we just have a different interpretation. Some people value net equity while another might value the P/E ratio or the if a company is paying dividends. What I am saying is that no one person will be right all the time and it could be in part due to their values or innate risk tolerance.
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None can be expected to be right all the time but to take a CEO's interview as your primary research basis takes you out of the expert category. Especially considering the CEO knows the same thing you do on how to manipulate the market.
What CEO would get on there and say "we're going to stink it up this year?"
That's my point.