Certain companies may be covered by FRC under an issuer paid model. FRC or companies with related management, and Analysts, may hold shares/securities in some companies mentioned in this section. This creates a potential conflict of interest which readers should consider.
Our president Brian Tang will explain how to read financial statements. In today's video, we are going to focus on the income statement.
“You have to understand accounting, and you have to understand the nuances of accounting. It’s the language of business, and it’s an imperfect language, but unless you are willing to put in the effort to learn accounting – how to read and interpret financial statements – you really shouldn’t select stocks yourself” – Warren Buffett.