I've been looking into investing lately, especially in the stock market. My reading on the subject gave me some nice tips on spotting low-quality companies, and I would like to pass it on to you:
Ten Signs You're Looking at a Low-Quality Company
- The annual meeting presentation is done on an Etch-a-Sketch.
- Your call to the company is greeted with, "If our product made you violently ill, please press one. If you're planning to sue us, please press two.
- New line item introduced to the income statement: "Potential Revenue"
- The company is named Planet Hollywood.
- The very mention of its [stock] brings a chorus of laughter from co-workers.
- The business, www.eMeringue.com , is based on selling pie meringues on-line.
- One of the business costs mentioned in the annual report is "Bail."
- The CEO reports that [a profit] depends on [the lottery].
- Revenue is reported in pennies.
- The CEO is a [clown]
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