A Shocking Example of Investor Complacency That Ended Badly

After a decade of pro-shareholder decisions from governments and regulators, political winds are shifting. Today, shareholders of distressed companies are feeling the pain of overvalued stocks that find themselves in legal jeopardy. There are many overvalued stocks in which investors are ignoring significant risks and should guard against complacency at their own peril.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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