Growth Capex, Maintenance Capex, and PP&E Numbers

Posted by Jason Apollo Voss on Jun 3, 2021 in Blog | 4 comments (Editor’s note: Today we’re delighted to introduce a new monthly column on the Calcbench blog that will explore financial analysis issues, written by Jason Apollo Voss — investment manager, financial analyst, and these days CEO of Deception and Truth Analysis, a financial analytics firm. Enjoy, and be sure to see our companion spreadsheet to help you explore the concepts Voss talks about.) By...
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Fraud and Deception Detection: Five Language Fingerprints

Posted by Jason Apollo Voss on Mar 16, 2021 in Blog | 0 comments Last month, I described how computer-aided text-based analysis can help uncover fraud and deception in company communications. But what other insights can we glean from this research into scandal companies? We used Deception And Truth Analysis (D.A.T.A.) to examine 10 of the largest corporate scandals in recent history and found that the average lead time between our textual identification of...
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Fraud and Deception Detection: Text-Based Analysis

Posted by Jason Apollo Voss on Feb 16, 2021 in Blog | 0 comments Research analysis relies on our trust. Among the many factors we consider as fundamental investors are assessments of a company’s strategy, products, supply chain, employees, financing, operating environment, competition, management, adaptability, and so on. Investment professionals conduct these assessments to increase our understanding, yes, but also to increase our trust in the data and the...
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15 February 2021: Deception And Truth Analysis (D.A.T.A.) Launched

Posted by Jason Apollo Voss on Feb 15, 2021 in Blog, News & Events | 0 comments Perhaps the biggest personal announcement from me in a long while, a new product that I have been working on for years, Deception And Truth Analysis (D.A.T.A.) is LIVE. D.A.T.A. is computer-based text analysis of deception with a 99.997% improvement in speed, and a greater than 40% increase in accuracy, and with a 90% cost savings. To find out more about this game-changing product, check out...
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2 February 2021: A THEORY OF BEHAVIORAL FINANCE Published

Posted by Jason Apollo Voss on Feb 2, 2021 in Blog, News & Events | 0 comments For those of you that followed with interest the publication of my series of A Theory of Behavioral Finance articles from November 2020 through December 2020, I have just assembled all of that material into a single downloadable whitepaper. This is not just a compilation of those articles because I have updated the articles with additional information, as well as clarified a points based on...
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A Theory of Behavioral Finance – Predictions

Posted by Jason Apollo Voss on Dec 22, 2020 in Behavioral Bias Deep Dive, Blog | 0 comments A little over six weeks ago I published A Theory of Behavioral Finance. Subsequently, I have been considering each of the high level points of the Theory in greater detail in individual articles. Today’s article about the Predictions of a Theory of Behavioral Finance concludes this series. I am combining these pieces into a larger whitepaper that is soon to be available for download. In the...
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A Theory of Behavioral Finance – Assumptions 5 and 6 – Final Factors

Posted by Jason Apollo Voss on Dec 15, 2020 in Behavioral Bias Deep Dive, Blog | 0 comments A little while ago I published A Theory of Behavioral Finance, and subsequently I have been exploring each of my assumptions in greater detail. Of those foundations the first four deserved entire articles. Whereas assumptions 5 and 6 can be combined into a single piece. Next week I conclude the whole enterprise (just in time for the Holy Days) by exploring the predictions that may be made based...
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