GAAP sometimes misrepresents business reality. We can use that fact to generate some alpha.GAAP sometimes misrepresents business reality. We can use that fact to generate some alpha.Read MoreDrivers of Value, Economics, Equity Investments, Financial Statement Analysis, Performance Measurement & Evaluation, Portfolio Management, Standards, Ethics & Regulations (SER), accounting standards, equity investing, GAAP, Investment Management Strategies, SASB, stocks