Investors MUST Avoid These 10 Accounting Issues! Wall Street Pro Reacts to Billions Season 2 Ep. 10

Book a call with our team here so we can help you break into finance (investment banking, hedge funds, venture capital, private equity and more): https://cal.com/chrisharoun/meeting-w... _____________________________ In this video a former Goldman Sachs employee who worked at the top hedge funds reacts to Billions, including the TV show's accuracy and lessons that investors must pay attention to. Key topics discussed are 1: Ten Accounting Issues to Avoid, 2: Nassim Taleb Book Summaries, 3: How Much Hedge Fund Employees Spend on Rent and much more. The video Wall Street Pro Reacts to Billions TV Show Season 2 Episode 10 contains closed captions. _____________________________ See my other Billions & finance movie reaction videos (which also teach finance and business lessons): For all my Billions Episode Videos and Finance Movie Videos (i.e., Wolf of Wall Street and Wall Street movie), please see this playlist: →    • Wall Street Pro Reacts to Billions TV Show...   _____________________________ As mentioned in the video: MY MBA Degree Programs → https://harounventures.com/faq or https://learn.harounventures.com When is the Best Time to Buy Stocks? Market Timing: Wall Street Pro Reacts to Billions Season 2 Ep 8 →    • When is the Best Time to Buy Stocks? Marke...   Why Day Trading Does Not Work: Wall Street Pro Reacts to Billions Season 2, Episode 5 →    • Why Day Trading Does Not Work: Wall Street...   _________________________________ → Get More Great Finance/Investing Tips - Subscribe → https://www.youtube.com/ChrisHarounVe... _______________________________ Here are the Clickable Chapters for the video: 00:00 Introduction. 00:33 3 Topics covered: 1: Ten Accounting Issues to Avoid, 2: Nassim Taleb Book Summaries, 3: How Much Hedge Fund Employees Spend on Rent 01:56 Topic 1/3: Ten Accounting Issues to Avoid 02:09 Accounting Issue 1: Extending Too Much Credit to Customers 02:42 Risks in 10Ks 03:35 Mid year bonus for Taylor 03:50 Accounting Issue 2: Companies Pulling Forward Revenue 04:09 Deferred revenue explained 05:51 Bookings explained 06:33 Accounting Issue 3: Too Much Inventory Can Destroy a Company 07:43 Current ratio explained 07:54 Quick ratio explained 08:10 Accounting Issue 4: Make Sure the Auditor is Reputable 08:48 Accounting Issue 5: CFO Resignation 09:10 Accounting Issue 6: If Accounts Receivable Grows Faster than Revenue 09:36 Channel stuffing explained 10:02: Accounting Issue 7: Slowing Organic Revenue Growth Due to Acquisitions 10:14 Organic revenue growth explained 11:09 Accounting Issue 8: Decreasing Revenue Disclosure 11:49 Accounting Issue 9: Debt Rising Too Much to Finance Growth 11:55 Debt / equity explained 12:06 Interest coverage ratio explained 12:29 Accounting Issue 10: Deteriorating Profit Margins 12:57 Margins explained 13:06 Easy way to understand formulas 13:29 P/E explained 13:43 My Forensic Accounting course 13:54 Topic 2/3: Nassim Taleb Book Summaries 14:31 Taleb Book 1/5: The Black Swan 15:26 Taleb Book 2/5: Fooled by Randomness 16:33 Taleb Book 3/5: Antifragile 17:46 Taleb Book 4/5: The Bed of Procrustes 18:21 Taleb Book 5/5: Skin in the Game 19:19 Topic 3/3: How Much Hedge Fund Employees Spend on Rent 19:43 What is the most you should spend on rent? 20:09 Why you must live below your means 20:59 Why spending too much on rent "can" lead to ethics being compromised 21:08 Galleon FBI shut down 21:52 What does $25k/month get you in NYC for rent? 23:04 Rating Bottom Line (Buy, Sell or Hold Rating?) 23:45 My next reaction video