<<Gee, chartnuts was Wrong again>>.

For newbies or anybody who forgot, he was posting for years that any earnings on Pfe's large cash hoard did not get included in adjusted earnings. Finally, somebody (it may have been Pebble but I'm not sure) quoted a footnote that made clear that he was WRONG and that earnings on cash indeed does go into adjusted earnings.

It's bad enough when he opines definitively about legal matters and other subjects that he knows nothing about. Most people discount those comments, even before somebody with knowledge refutes them. But one would have thought that on Pfe accounting matters, an accountant who devotes the bulk of his life to this one stock would thoroughly review every comma contained in the Ks and Qs and have encyclopedic knowlege on everything accounting-related. That is plainly not the case and nobody should rely on any of his constant pronouncements, even as to accounting matters.