I told our controller once that we would be broke for two years before we ever found out about it.
I am an engineer by trade. In one period I found my way into being what the company called a business analyst. What I actually did was to develop the business model for very large projects, do the economics, write the financial recommendation to fund the project to the board, see the project through to completion providing financial updates and do all the after completion performance analysis and reporting back to the board for several projects and much more. All that based on one class in engineering economics, self-teaching by asking lots of questions and reading one book on financial planning by a guy named Kenichi Ohme, “The Mind of the Strategist”. WATSup?, The evaluation of Weakness, Opportunities, Threats and Strengths underlie financial planning. It was recommended to me by a guy who ran a factory that made wireline swabs.
The controller gave a cynical laugh in response to my comment but never said a word. I read SEC filings, by law they always tell the truth to the best of our knowledge. Right?
I never did make it to be an asset manager, the reason I went to the business job in the first place, and went back to solving engineering problems and building shit.
Interesting, thanks for sharing. A little engineering and financial background here too, but not much....lol