I sat down for sushi with John Del Vecchio in Dallas this past week, and as always, it was an interesting conversation. For those unfamiliar, John is a forensic accountant who worked for some of the most famous names in shorting (Tice and Schilit).
He manages the long only FLAG ETF, and co-manages the short only HDGE ETF. If you haven’t read his book, it is worth a look: What’s Behind the Numbers?: A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in Your Portfolio
I asked him a simple question – “What is the worst stock you track?” In the download below you will find the answer…
Earnings Quality Matters