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Statoil ASA Message Board

mdavids_2000 1 post  |  Last Activity: Mar 2, 2016 3:04 PM Member since: Oct 15, 2012
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  • Heck No. Read/listen to the article "Warren Buffett shines a spotlight on the ‘most egregious’ example of financial deception" on Yahoo.

    “Stock-based compensation is the most egregious example,” Buffett said. “The very name says it all: ‘compensation.’ If compensation isn’t an expense, what is it? And, if real and recurring expenses don’t belong in the calculation of earnings, where in the world do they belong?”

    Any wonders why mgmt split NRF 1:2 - who do you think benefitted the most from that tactic?

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