Benjamin Graham on How to Increase Earnings
Dec 17th, 2006 by Martin Lee
In this unpublished article by Benjamin Graham, he shows how a company can dramatically increase their earnings per share simply by using a number of modern accounting and financial devices.
All these can be accomplished without making a single change to manufacturing processes or selling policies.
I’m not able to appreciate all parts of it so I guess it’s time for me to revisit Accounting 101!
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