Earnings «quality» is low, suggesting that
financial engineering rather than sales are behind whatever reports are positive.
Not exact matches
A priority is the quality and success of the management team, as Cairngorm Capital builds and realises value through growth and operating improvements,
rather than through
financial engineering.
We, too, would prefer an environment where market returns derive from economic improvement
rather than cost cutting and
financial engineering.
I was always intrigued by economics and finance, despite going into the
engineering field
rather than into a
financial profession.
The underlying logic was that these were real assets with genuine underlying uses
rather than the fictions created through
financial engineering.