Publisher's Synopsis
The investor or lender is putting money at risk. To be successful both need to know the extent and magnitude of these risks. As tools all that is really available is historical information, much of it produced by less than uninterested parties, principally the proposed recipient of the money, and the conventional tools of analysis, most of which do not work well in hard cases.;This book is written primarily for those who do not have specialised accounting or analytical experience but who want to be able to take a company's statements and use them in a sensible and intelligent way to make important real-world decisions about lending and investing.
