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Title: Expensive but Confusing
Review: If you would like to learn more about Financial Statement Analysis, this should probably not a right book of you. The author have put many simple ideas into complicated words, not to mention the poor demonstration of cases. The examples are based on too much assumptions, but the basis for these assumptions are not clearly explained (which should be one of the most crucial parts). In addition, the questions in the "industry analysis" are set by the answer, (that means he already know company A is an airline, company B is a computer manufacturer, then he merely give the financial statements to you, and analyse it as if he doesnt know which company was in which industry), so he must be able find his way to draw his conclusion--that A's statement is A, B's statement is B, no matter how similar the two statements are. Ridiculous!By the way, What you can learn from this book can be found on the internet, without charge.The book does not deserve its price.
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