Published in 1987, "Quality of Earnings: The Investor's Guide to How Much Money A Company Is Really Making" has sold has sold about 100,000 copies to date. This classic, which investigative reporter, Herb Greenberg, referred to as "the bible of forensic accounting," has served novices and professionals alike as they dissect the labyrinths of information that are today's financial statements.
Since its publication, "Quality of Earnings" has taught investors how to read between the lines of corporate financial reports and spot the red flags before the market does. Oglove instructs the reader in how to unmask inflated earnings, and how to recognize the difference between a corporation's shareholders books, and the IRS reported tax earnings.
Intended as a practical guide for investors at every level, "Quality of Earnings" has stood the test of time with its meaningful advice and sharp insight into the complex world of corporate reporting.
Since its publication, "Quality of Earnings" has taught investors how to read between the lines of corporate financial reports and spot the red flags before the market does. Oglove instructs the reader in how to unmask inflated earnings, and how to recognize the difference between a corporation's shareholders books, and the IRS reported tax earnings.
Intended as a practical guide for investors at every level, "Quality of Earnings" has stood the test of time with its meaningful advice and sharp insight into the complex world of corporate reporting.
Here is what people are saying about "Quality of Earnings."
"The lessons are timeless..." - Jim Mueller, The Motley Fool
"Any investor could benefit from the book, particularly those that analyze fundamentals.... I believe it will yield value to those who work with it."
- David Merkel, Seeking Alpha
"...his book sets a helpful foundation loaded with examples for the reader. He provides helpful tools any investor can use to thoroughly and efficiently analyze key data in public company filings."
- Chain Bridge Investing on Seeking Alpha
Featured on Bill Ackman's Recommended Reading List
- (Ackman is the founder of Pershing Square Capital Management)
"I would pay 10 times the price of the book just for [the shareholder reporting versus corporate reporting chapter] as the concept is unique as far as I've read."
- Customer Review on Amazon.com
"Thornton L. O’Glove has written an absolutely brilliant investment book for the DIY investor."
- Jae Jun, The Value Investing Blog of Old School Value
"Thornton O'glove teaches you how to accurately gauge weather earnings have been created by good management or created by good accounting."
- The Market Participant Blog
"Many equity analysts have cut their teeth on Thornton O' Glove's Quality of Earnings... this really is one of the best introductions to critical analysis of financial statements and identifying accounting red flags. "
- The Road Less Invested Blog
"In my opinion, you can't get a better education on the subject for $11."
- Customer Review on Amazon.com
"You can’t be an intelligent investor without knowing how to evaluate a company’s financial statements, and this book provides the fundamentals for doing just that."
- Frank Voisin, Frankly Speaking Blog
"This is a great book. The most valuable lesson I learned from it is to analyze the differences in income reporting to the IRS vs. reporting to shareholders."
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market?
"Totally amusing and eye-opening. It shows how all the moveable definitions of accounting... collectively make a big difference in reported earnings."
- Customer Review on Amazon.com
"The lessons are timeless..." - Jim Mueller, The Motley Fool
"Any investor could benefit from the book, particularly those that analyze fundamentals.... I believe it will yield value to those who work with it."
- David Merkel, Seeking Alpha
"...his book sets a helpful foundation loaded with examples for the reader. He provides helpful tools any investor can use to thoroughly and efficiently analyze key data in public company filings."
- Chain Bridge Investing on Seeking Alpha
Featured on Bill Ackman's Recommended Reading List
- (Ackman is the founder of Pershing Square Capital Management)
"I would pay 10 times the price of the book just for [the shareholder reporting versus corporate reporting chapter] as the concept is unique as far as I've read."
- Customer Review on Amazon.com
"Thornton L. O’Glove has written an absolutely brilliant investment book for the DIY investor."
- Jae Jun, The Value Investing Blog of Old School Value
"Thornton O'glove teaches you how to accurately gauge weather earnings have been created by good management or created by good accounting."
- The Market Participant Blog
"Many equity analysts have cut their teeth on Thornton O' Glove's Quality of Earnings... this really is one of the best introductions to critical analysis of financial statements and identifying accounting red flags. "
- The Road Less Invested Blog
"In my opinion, you can't get a better education on the subject for $11."
- Customer Review on Amazon.com
"You can’t be an intelligent investor without knowing how to evaluate a company’s financial statements, and this book provides the fundamentals for doing just that."
- Frank Voisin, Frankly Speaking Blog
"This is a great book. The most valuable lesson I learned from it is to analyze the differences in income reporting to the IRS vs. reporting to shareholders."
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market?
"Totally amusing and eye-opening. It shows how all the moveable definitions of accounting... collectively make a big difference in reported earnings."
- Customer Review on Amazon.com
