Comments on: Tackling Financial Statements http://www.thewriterscoin.com/2008/01/21/tackling-financial-statements/ Personal Finance, Writing, and Blogging Thu, 16 Oct 2008 04:38:42 +0000 http://wordpress.org/?v=2.6.2 By: Writer's Coin http://www.thewriterscoin.com/2008/01/21/tackling-financial-statements/#comment-275 Writer's Coin Wed, 23 Jan 2008 12:40:44 +0000 http://www.thewriterscoin.com/2008/01/21/tackling-financial-statements/#comment-275 Thanks Brip! I'm slowly trying to continue this along its natural progression, but it's slow going. Hopefully I'll have some more as time goes on. Thanks Brip! I’m slowly trying to continue this along its natural progression, but it’s slow going. Hopefully I’ll have some more as time goes on.

]]> By: Brip Blap http://www.thewriterscoin.com/2008/01/21/tackling-financial-statements/#comment-274 Brip Blap Wed, 23 Jan 2008 12:03:57 +0000 http://www.thewriterscoin.com/2008/01/21/tackling-financial-statements/#comment-274 I like the baseball analogy. That's exactly the way I look at it - the scoring itself seems objective and clear-cut, but deciding HOW to score it is very subjective. I should say again, though, that I'm not trying to discourage anyone from learning more about reading financial statements! But just in the same way that I would be cautious about assuming that reading Peter Lynch's book(s) would teach me everything I need to know about investing, I would be careful to read a LOT on the subject of how financial statements are developed before I would assume I could read them and REALLY understand what's going on in there. Good post - making the comparison to a baseball error is a terrific idea! Steve I like the baseball analogy. That’s exactly the way I look at it - the scoring itself seems objective and clear-cut, but deciding HOW to score it is very subjective.

I should say again, though, that I’m not trying to discourage anyone from learning more about reading financial statements! But just in the same way that I would be cautious about assuming that reading Peter Lynch’s book(s) would teach me everything I need to know about investing, I would be careful to read a LOT on the subject of how financial statements are developed before I would assume I could read them and REALLY understand what’s going on in there.

Good post - making the comparison to a baseball error is a terrific idea!

Steve

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