A Money Problem

1964-money-problem2

We Don’t Have a Wage Problem; We Have a Money Problem

FYI: GAAP Acccounting gatech_finlab_lifo_42216

One response to “A Money Problem

  1. On the LIFO reserve paper, it seems that companies that still have significant LIFO reserve would have less upside to earnings in a rising price environment. Interesting about the LCM method of writing down inventory. It might be interesting to pair a long short in refiners, long those with significant LCM adjustments, and short those with significant LIFO reserves. The former would be well positioned to report better earnings in an environment of higher prices. Thanks for posting.

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