Marcellus Webinar: Learn how Marcellus uses forensic tools to weed out undesirable companies from your portfolio.
Investing in companies with dubious accounting and corporate governance practices can be catastrophe with enormous destruction of investors’ confidence and money. While history has shown us numerous examples of corporate frauds, more such cases cannot and should not be ruled out in the future. Hence, assessing the sanctity of the financial statements and governance practices forms a core part of the research process at Marcellus. Indeed we believe avoiding dodgy companies is as central to making investment returns as selecting great companies. Given the rally in a lot of penny and supposedly ‘cheap’ stocks in the recent months, we believe the timing cannot be more apt than now to discuss and reiterate this critical topic.