Originally Posted by The_Real_Hawkeye
So far, one poster here contributed some cogent thoughts about what I posted (which was an economics question, not a technological one). He said it would require opening up some company accounting ledgers to analyze it fully. That seemed to me a perfectly valid response.


The following in required to analyze any publicly traded corporation.

You would need to understand GAAP, Generally Accepted Accounting Principles.

SEC accounting principles.

IRS accounting principles.

For international companies you would also need to understand, international accounting principles and every country's GAAP, plus every country's version of SEC accounting principles and revenue collecting accounting principles.

There are international forensic accountants trained in this field who usually have a doctor's degree in accounting that understand this stuff which the clown you posted doesn't have.

Oh and I almost forgot the publicly traded LLPs that all oil and gas companies form to spread the cost and the wealth.

This is not an easy field to understand by the lay person.


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