Photographer: Brendon Thorne/Bloomberg
Odd Lots: Everything You've Been Taught About How to Value a Stock Might Be WrongBy and
Investors are constantly poring over income statements from big companies to figure out whether they should buy or sell the business's stock. But should they bother? In this week's episode, Joe and Tracy talk to Feng Gu, a professor at SUNY Buffalo, and Baruch Lev, a professor at NYU's Stern School of Business, about why the way we account for company's earnings might be massively outdated.