Summary: 00:00:33 How Stephen got started in the world of finance and what motivated him to write his latest book. 00:10:05 What is the basic premise of Stephen's analysis of financial statements (forensic accounting)? 00:21:01 What is the fine line between fraud and creative accounting? 00:27:22 What is Stephen's analysis of the Wirecard fraud? 00:32:27 How well do the current accounting standards actually work for provide transparency into profits/ losses of banks? 00:39:51 Where does all the printed money (from Central Banks) actually go? What is the best option to 'weather the current low growth environment'? 00:51:10 How 'money printing' at this huge scale seems to be deflationary instead of inflationary? Stephen Clapham is a retired hedge fund partner who now trains stock analysts at some of the world's largest and most successful institutional investors. Stephen is also the author of The Smart Money Method: How to pick stocks like a hedge fund pro and hosts his own podcast. Big Thanks to our Sponsors! ExpressVPN – Claim back your Internet privacy for less than $10 a month! Mighty Travels Premium – incredible airfare and hotel deals – so everyone can afford to fly Business Class and book 5 Star Hotels! Sign up for free! Divvy – get business credit without a personal guarantee and 21st century spend management plus earn 7x rewards on restaurants & more. Get started for free! Brex – get a business account, a credit card, spend management & convertible rewards for every dollar you spend. Plus now earn $250 just for signing up (Terms & Conditions apply). (more…)
