Category Archives: Other

Spin exists in finance

Inaccuracy is in the eye of the beholder. We see this in politics every night on TV. Watch the same story on CNN and on Fox and you will see slight differences that some would call inaccuracies.

One of the main reasons for posting this is to make very clear that spin exists in finance. We used to use different charts in the financial reports depending on which one looked the best. Not different numbers, but the selection of income over cash flow was based on which one looked better. Sure all the numbers were there but the chart of steadily increases looks better than scattered volatility. That’s spin. I did it. Everyone does it. As investors, managers and business owners, we need to be aware of it and consider it when making decisions.

Hello world!

As Tiger Woods said at the begining of his first press conference as a professional, “Well, I guess…Hello World!” This is my first post in my new blogging world. Much like Tiger at his first press conference, I am a bit unsure of my footing, yet full of enthusiasm. I will surely not rise to his level of accomplishment. But I don’t think it’s unreasonable to hope to pull off a great shot on occasion. It’s those great shots that keep even the worst players coming back and wanting more in golf.  And hopefully there will be enough great shots here to keep you coming back and wanting more as well. Time will tell.