Sunday, September 22, 2013

Tuesday, September 10, 2013

The Big Four

Note: The Big Five became the Big Four after the demise of Arthur Andersen in 2002, following its involvement in the Enron scandal.

Monday, September 9, 2013


does not only stand for "Initial Public Offering"

More accurately, it is also shorthand for:

  • It's Probably Overpriced
  • Imaginary Profits Only
  • Insiders' Private Oppotunity
  • Idiotic, Preposterous, and Outrageous

 (Intelligent Investor, B. Graham)