Was listening to Jim Chanos (on IBM)

“ Fast forward to a year ago, and when IBM decided to buy Red Hat for $34 billion in debt to jumpstart their cloud business, we decided to take another look ”
“ We compare the operating earnings to the economic earnings to the stated earnings, and the gap is just getting wider and wider and wider. “
I’m refreshing / refining my list on things to pay attention to - not for shorting or calling out frauds (not my business) - but maybe more to steer away for slowly dying business like the IBM example (from Chanos).
I do like for example:

- accounting shenanigan type metrics (EPS/CF, extraordinary,...)
- big take over - that maybe doesn’t fit or does come very expensive
- margins
- ...

Any favorites?

@steveclapham @scuttleblurb @breadcrumbsre
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