lol it's always hilarious when gamblers keep calling themselves 'investors', as if they actually know all about the companies they're betting on.
Many do, at least I do...
You have to know the company inside out.
Thats's true, but many CFO's. CEO's, and accountants lie on their 10K's and everything else. Others, like many hedge funds and P/E firms, don't make any reports at all, even to investors.
The US companies I have money in seem to be very transparent. Certainly compared to their UK counterparts. I get invites every week to some conference call. In the UK its just the big funds that get that level of info not the individual.
Ye,s I am always amazed at EU laws,; one would expect them to be a lot more thorough than the U.S.'s, which were essentially written by the market operators themselves, but it seems that isn't the case. European banks got hit hard by the mortgage collapse here, for instance, which I would thought they would easily have avoided. In any case, the GAAP changes in the 1980's makes what corporations have to report and can claim as 'equities' along with assorted off-shoring practices pretty much useless to me as proof of performance and actual net gains and losses.
Its UK laws not the EU. The EU is bringing in a lot of tax avoidance offshore stuff this year which was one of the reasons the elites fought so hard for brexit. It wasnt a point that they ever made publicly for obvious reasons.
|Re th other stuff, the banks are international and have their fingers in many pies. After the last lot there was a call to split the banks in two, investment and retail, so that deposits could be safeguarded from the casino banking. It hasnt happened. Things are pretty much back to normal here and bankers bonuses are going through the roof again. Our government is made up of Goldmans,JPM and similar execs and I think they work for their friends rather than us.
en.wikipedia.org
This guy is our chancellor, he manages the nations finances. He is typical of the current tories and has a wealth of interests that conflict with his day job. He has never introduced a tax that business didnt like and is currently at the centre of the lobbying scandal with former PM David Cameron.
Why former PM David Cameron is being investigated over his links with a controversial financier.
www.bbc.co.uk
The UK is fucked.
lol it's always hilarious when gamblers keep calling themselves 'investors', as if they actually know all about the companies they're betting on.
Many do, at least I do...
You have to know the company inside out.
Thats's true, but many CFO's. CEO's, and accountants lie on their 10K's and everything else. Others, like many hedge funds and P/E firms, don't make any reports at all, even to investors.
The US companies I have money in seem to be very transparent. Certainly compared to their UK counterparts. I get invites every week to some conference call. In the UK its just the big funds that get that level of info not the individual.
Ye,s I am always amazed at EU laws,; one would expect them to be a lot more thorough than the U.S.'s, which were essentially written by the market operators themselves, but it seems that isn't the case. European banks got hit hard by the mortgage collapse here, for instance, which I would thought they would easily have avoided. In any case, the GAAP changes in the 1980's makes what corporations have to report and can claim as 'equities' along with assorted off-shoring practices pretty much useless to me as proof of performance and actual net gains and losses.
