"If you could tell the future from a Balance Sheet then accountants and mathematicians would be the richest people in the world. I could be buying & selling stocks recommended here.". Comment. 6 marks
har_999 (MBA) (237 Points)
11 September 2008
"If you could tell the future from a Balance Sheet then accountants and mathematicians would be the richest people in the world. I could be buying & selling stocks recommended here.". Comment. 6 marks
kaushal
(w)
(545 Points)
Replied 11 September 2008
predicting future done by analytical mind ,
CA prepares B/s of some particular company ,
& if he has strong supportable news like bulk sale orders etc of that company
he can trade in their stock
& can make money
so to make money we need to be close to news we have and supporting reason to rely on that news which makes peoples rich by tradig in that stock