How investors can be fooled by development costs – MoneyWeek Investment Tutorials

Biotech and pharmaceutical investors, amongst others, need to watch out for the way firms treat the cost of developing new products as this can have a big impact on a firm’s results. In his fifth video in the “cooking the books” series Tim Bennett explains how.

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Video series by CFA UK Highly Commended journalist Tim Bennett. http://twitter.com/TimMoneyweek