Rating: 
Summary: Carefully Detailed, First-Rate Handling of a Difficult Topic
Review: This book blew me away. Other efforts on this difficult topic (forensic accounting?), although available much less expensively, seriously pale when lined up next to this text. Any serious investor in securities is doing him or herself a tremendous disservice by not reading and digesting this book, which serves to do more than merely avoid next quarter's crummy earnings announcement. The only problem with this book, aside from its price, is its need to be read more than once or twice. There is simply too much to be digested with one reading. But well-conceived and well-written financial literature is hard to find, and here the reader will find the mother-load.
Rating:
Summary: Carefully Detailed, First-Rate Handling of a Difficult Topic
Review: This book blew me away. Other efforts on this difficult topic (forensic accounting?), although available much less expensively, seriously pale when lined up next to this text. Any serious investor in securities is doing him or herself a tremendous disservice by not reading and digesting this book, which serves to do more than merely avoid next quarter's crummy earnings announcement. The only problem with this book, aside from its price, is its need to be read more than once or twice. There is simply too much to be digested with one reading. But well-conceived and well-written financial literature is hard to find, and here the reader will find the mother-load.
Rating:
Summary: A well written and informative guide to evaluating a company
Review: This book provides a detailed description of what to look for when analyzing the financial earnings of a firm. I found it extremely informative and easy to read, especially since I am not a guru in accounting. The sequence of chapters provides a step-by-step method to determining if a firm will issue a negative earnings surprise prior to it actually occurring. The logic behind this is based on surveys with banks as well as personal insights from both authors. Ultimately, a sustainable earnings calculation is performed which allows you to evaluate a firm on a level playing field.
Rating:
Summary: Listens to all the reviewers
Review: To all the people who are skeptical. This book is excellent. I got an email pointing me to this direction and I am glad I did spend the money. It is money well spend. It teachs you the non recuring items in the financial statements, capitalized assets, capitalized interest, Lifo liquidation etc. If you find my review satisfying, let me know if you had another good book to read. I know another book, let's trade some info.
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