The great majority of mankind are satisfied with appearance
as though they were realities
and are often more influenced by the things that seem than those that are
Niccolo Machiavelli
"If a company earns $0.90 per share and has one million shares outstanding,
reducing those shares to 900,000 will increase earnings per share to $1.00.
You take the blue pill, the story ends
you wake up in your bed and believe whatever you want to believe
You take the red pill,
you stay in Wonderland and I show you how deep the rabbit-hole goes
Morpheus
The Matrix
No additional revenue was created, no more product was sold,
it is simply accounting [and debt fueled] magic.
Facts do not cease to exist because they are ignored
Aldous Huxley
Such activities do not spur economic growth or generate real wealth for shareholders.
Everybody sooner or later
sits down to a banquet of consequences
Robert Louis Stevenson
However, it does provide the basis for with which to keep Wall Street satisfied
and stock option compensated executives happy."
http://streettalklive.com/index.php/daily-x-change/1885-analyzing-earnings-as-of-q1-2014.html
It is difficult to get a man to understand something
when his salary depends on his not understanding it
Upton Sinclair
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