Better odds than the lottery
Article Abstract:
Many investors still engage in technical or fundamental analysis despite theories positing that all it takes to make successful investments are skills and luck. However, a recent study confirms that a detailed knowledge of basic accounting statistics and the policies employed to compile them do have investment value. Based on a sample of 120 major British companies analyzed for the years 1986 through 1996, the study found that the earnings forecast model used was able to correctly predict 69% of the future earnings changes. The implication is that fundamental analysis does not serve merely as a safety net but a rationale foundation for a sound investment decision. Indeed, investors can earn returns that exceed the market return by relying on accounting information.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
The ethics of remediation
Article Abstract:
Conflicts can be observed between the ethics of the professional engineering practice and the ethics of the ecological practice. One area of difference is the age of practice. Engineering is an established profession with written codes and clear standards. The practice of ecology, on the other hand, started only in the 1960s. Internal cultural differences also exist between the two practices.
Publication Name: Civil Engineering
Subject: Science and technology
ISSN: 0885-7024
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
"I survived the flesh-eating bacteria." (includes related article)
Article Abstract:
Forty-eight-year-old Phyllis Parker recounts her bout with the flesh-eating bacteria known as Group A streptococcus (GAS). GAS is characterized by intense pain, swelling and tenderness in the affected area. Doctors treated her with antibiotics and fluids to control the disease.
Publication Name: Woman's Day
Subject: Family and marriage
ISSN: 0043-7336
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: