Viewing profile — fitchjo

By law, any public company in the US (and most other countries) are required to have a financial statement audit. I am sure there are instances where it is not required, but substa…

I assume/hope the newer versions in hotels that are a little l bracket that flips are little harder to get open?

Or, most cynically, returned to owners in the form of dividends/distributions or stock buybacks

I think he is arguing the exact opposite.

Why do you feel so attacked about the subject of this article such that you have concluded this is part of a gender "war"? If I understand your claim correctly, it is just that sim…

Am I being a bit naive to think that this has more to do with public safety? In theory, there is some increased level of regulation/review of the car and medical device manufacture…

NOL (net operating loss) carryforwards, which is what is being described above, would not make a difference in the situation you have laid out here - it sounds like your issue is t…

I think I saw a documentary about that once... ;) https://www.youtube.com/watch?v=LP5kcUhMK1I

As a couple other replies have mentioned, determining insolvency and when to file bankruptcy is a bit more complicated than this simple comparison. A quick counterpoint - you start…

You can definitely find certain items/dishes where it is cheaper to buy already made instead of making yourself - rotisserie chickens in the US are a perfect example of that. On th…

> So wait, hold on, is cooking more expensive or not? What are they eating that's supposedly healthier but significantly more expensive? Cooking unprocessed meals is more expensive…

He is mentioned here pretty regularly, so many may already be aware, but Matt Levine discusses this and its variants a lot in his newsletter, most of the time under the heading "Sh…

Historically, the US used CPT, which was different than the rest of the world, but since they adopted ICD-10, they use the same billing/procedure codes as the rest of the world. Th…

Are you implying that the bankers should go to jail for the misrepresentations made by the applicant because they didn’t exercise an “appropriate” level of diligence?

What evidence have you seen that tether is backed by real money? I haven't seen "definitive" proof/evidence either way, but it would seem there are certainly strong suspicions that…

They bloom later there because of the weather, but they still bloom.

Wouldn't that be an indication that the wages are at market?

Finding a use for the underlying technology supporting bitcoin is very different than saying bitcoin as a fiat currency is worth the value at which it is currently trading.

Not sure I follow your logic: 1. What are you calling the market in your first sentence? 2. Why/how is an index fund somehow less risky? What is the fund indexing and how does that…

I would like to caveat by explanation by saying I am admittedly less versed in IFRS than US GAAP, so there may be some technical differences between the two, but the spirit should …

I play every once in awhile, when the jackpot gets to be large enough they start talking about it on TV. The $10 or $20 I spend is well worth daydreaming about the things I would i…

My comment was not to say that there are not situations where brand plays less of an influence, only to provide a counterpoint to the parent's comment that "brands provide no value…

In the eyes of who? To the company and its owners, if my brand allows me to sell an equivalent widget for a higher margin, how is that not value? Just because value can be created …

So you want to make all advertising illegal?

My favorite statistical/probability paradox has always been the birthday paradox.