Joel Litman and Valens Research are launching a brand-new research service, called High Alpha. It’ll be powered by the forensic accounting system they’ve created.
Ready to Order?
A Boston finance professor has invented a “Truth Detector” for U.S. stocks.
He’s a friend of mine. I’ve known him since June 2008, when I saw him get up in front of the entire CFA New York Society and predict a market crash.
I just ran Apple (AAPL) through his Truth Detector.
It turns out Apple’s true earnings are almost 5 TIMES HIGHER than what they’ve been reporting to the public…!
That means Apple still has huge potential.
Already, its findings have appeared in Harvard Business Review and have attracted 9 of the top 10 global investment houses… and more than half the world’s 300 biggest money managers…
We just ran Uber (UBER) through the Investment Truth Detector…
It turns out Uber’s “Return on Assets” is more than 4 TIMES WORSE than what they’re reporting in public right now.