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I agree. And shit like this makes me trust financial reporting in general. It’s akin to not accounting for inflation in financial graphs.
And yes, the risk adjustment can be as complex as they want to make it, but when I clicked, I was expecting a study of some type. Probably my bias kicking in. My first thought was, “Are they kidding?” Then I saw it was from a news source and thought, “Oh, okay… no wait. Still, they know this is bad, right?”
I agree. And shit like this makes me trust financial reporting in general. It’s akin to not accounting for inflation in financial graphs.
And yes, the risk adjustment can be as complex as they want to make it, but when I clicked, I was expecting a study of some type. Probably my bias kicking in. My first thought was, “Are they kidding?” Then I saw it was from a news source and thought, “Oh, okay… no wait. Still, they know this is bad, right?”
Still gets those nummy clicks, I guess.