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mInvestor
User Rank
Iron
Re: Good advice
mInvestor   5/12/2012 9:56:14 PM
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No wonder Warren Buffet has been so successful, he has been always looking into growth and management. Ethics has been one of critical item in his checklist when he looks into management.

Good article.

Phoenix
User Rank
Gold
Re: Good advice
Phoenix   5/8/2012 11:22:52 AM
NO RATINGS
Yes that's really good advice. We just zoom through footnotes without paying much attention. I guess the fine print makes all the difference at times. It is something we can easily overlook and to imagine someone actually got away with 20million with a mention in a footnote. That really is an eye opener.

driven
User Rank
Iron
Re: The son-in-law perk
driven   5/8/2012 10:20:01 AM
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Ok, point! @Noreen

Noreen Seebacher
User Rank
Blogger
Re: Out of the mouths of felons
Noreen Seebacher   5/8/2012 9:51:10 AM
NO RATINGS
I think it's interesting to hear what "reformed" criminals have to say -- but I also think it's wise to reserve a certain amount of skepticism. I mean, if someone hints he was born a criminal, there is always a chance he's going to fall off the wagon. So listen, analyze -- and keep your money far, far away!

Noreen Seebacher
User Rank
Blogger
Re: The son-in-law perk
Noreen Seebacher   5/8/2012 9:48:25 AM
NO RATINGS
It would seem that taking $600,000 for little more than being someone's son-in-law is also cheating investors, right?

yalanand
User Rank
Platinum
Re: Out of the mouths of felons
yalanand   5/8/2012 9:30:37 AM
NO RATINGS
That doesn't mean he still shoudn't have done some jail time. 

@tokyogai, I totally agree with you. All I said was he could have always gone back to his past cheating tactics but he is doing community service by creating awarness among the investors through his blog. 

tokyogai
User Rank
Platinum
Re: Out of the mouths of felons
tokyogai   5/8/2012 8:47:58 AM
NO RATINGS
That doesn't mean he still shoudn't have done some jail time. I just wonder how genuine he really is.

yalanand
User Rank
Platinum
Re: The son-in-law perk
yalanand   5/8/2012 2:16:32 AM
NO RATINGS
Probably more honest work than earning millions by directly cheating investors

@driven do you really think so ? What if that CEO earned all his wealth by cheating investor ? Dont you think enjoying such wealth is also amoral ?


yalanand
User Rank
Platinum
Re: Out of the mouths of felons
yalanand   5/8/2012 2:13:29 AM
NO RATINGS
Still makes you wonder how this guy Sam avoided jail time.

@Noreen, that exactly was my doubt when I read the article. But I think he is doing more good things outside the jail by creating awarness among the investors through his blog.


Value Hiker
User Rank
Platinum
Re: Good advice
Value Hiker   5/7/2012 2:35:14 PM
NO RATINGS
Then you will like MorningStars new acquisition of Foodnoted:

http://www.footnoted.com/

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