Money Life With Chuck Jaffe Daily Podcast

New Constructs' David Trainer: Don't trust accounting book value.

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Sinopse

David Trainer, president at New Constructs, continued to deconstruct popular investment metrics in the Danger Zone today, this time singling out accounting book value as not presenting a true picture. He noted a few stocks -- like Allergan and Qualcomm -- where the valuations mislead investors into thinking there is trouble ahead or good times on the horizon when the underlying numbers suggest the opposite. Also on the show, Chuck gives another of his tips for financial chores to do before the year ahead, S