Viewing profile — nongaap

Fun fact: I consider myself a pretty bad writer and initially started the newsletter to try and get better at it. The results have been mixed on that front so apologies if you got …

Hi, author of "GP Hallucination" here. I think the linked interpretation is very, very reasonable and it's a big reason why I tried to deemphasize all the "stuff" you've highlighte…

The finance report wouldn't have shown individual transactions but the financial controls required to properly put together those annual filings would have caught unusual activity …

Having seen first hand a similar situation unfold, the most heartbreaking feeling is finding out a friend broke your trust. That said, you really can't fix the issues and protect f…

Transparency is very much part of the non-profit system. Non-Profits have to annually file an IRS Form 990 (it's like an annual report) which discloses finances and are required to…

Based on my experiences (formerly did activist investing for 8+ years) there's a lot more pragmatism for all parties involved. Activist don't just suddenly show up and get board se…