Stock trades and realized gains/losses

[Matthew Vanecek]

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On Fri, 2003-01-10 at 05:18, Herbert Thoma wrote:

> For business accounting we had a principle here in Germany called
> "strenges Niedrigstwertprinzip". It meant that you had allways to
> adjust to the lowest price. This is a kind of worst case accounting.
> The principle got weakened lately. Now you only have to adjust when
> you think the low price will remain for a longer period of time ...

Forgot to mention, that's a GAAP (Generally Accepted Accounting
Practice) mandated by the Statement of Financial Accounting Standard
115, according the GPPA 2003 book I mentioned.  It also seems to me like
a Good Thing(tm), which is why I'd like to be able to enter the stock
transactions that way, instead of using the current method.

My philosophy is, I *am* a business, and to maximize my profits I should
treat my finances accordingly.  That philosophy lasts, of course, nary a
step beyond the entrance of the computer store... ;)

--=20
Matthew Vanecek
perl -e 'print $i=3Dpack(c5,(41*2),sqrt(7056),(unpack(c,H)-2),oct(115),10);'
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*****
For 93 million miles, there is nothing between the sun and my shadow except=
 me.
I'm always getting in the way of something...

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