A few links and new idea in the works

It has been awhile since I’ve been able to write here, but I wanted to share a few earnings quality links I came across lately. I’m also working on a new short sell idea, which I hope to be able to share soon.

Decent sites that are also working to cut through the accounting fog

The growing difference between GAAP and reported earnings is really important, and largely ignored

Another good discussion of this topic, with Valeant as a specific example

Warren Buffett wrote about this last year

Interesting take at the end of this one, looking at specific sectors getting particularly aggressive at the top of the cycle