The End Of Wall Street

The Biggest Mass Deception in Wall Street History

You are being lied to...

The U.S. accounting system is committing the biggest mass deception in American financial history.

A deception that could make you 50% to 100% gains each year if you're willing to take advantage of it... as I've shown several times at Harvard Business School, Wharton, the New York City CFA Society, and more.

My name is Joel Litman. I'm a forensic accountant.

I dig deep into the numbers to figure out what's real... and what's not.

For example, I've exposed 57 companies for potential fraud, with many that went bankrupt or fell to almost zero after my analysis...

And after 25 years on and off Wall Street, today I'm sharing a message that almost no bank or rating agency will ever admit to.

In short, the U.S. accounting system has failed you.

Almost every single earnings report for 32,000 stocks contains massive distortions that have been misleading you and 99% of the public since 1987.

And while you might not care at first glance... If you can spot these errors early enough, you could make more money than almost any other investment strategy I've seen in my career.

We don't make that claim lightly, by the way...

We've spent the past decade using forensic analysis to spot distortions in companies' earnings statements. And as a result – see which stocks could soon rise or fall 100%... with uncanny accuracy.

OOur clients have paid up to half a million dollars a year for our forensic analysis, including multibillion-dollar hedge funds, government-run sovereign funds, billionaires, all 10 of the top 10 investment firms, and half of the world's 300 biggest money managers, who read my analysis...

What that means is my secret forensic approach to the markets helps me uncover where the biggest piles of money are headed... before that information is known to the general public.

And you see, Wall Street doesn't WANT these distortions to be fixed. Banks and money managers thrive on these earnings mistakes... because it allows them to see which stocks have the highest potential to rise 100% or more, BEFORE the general public has a clue.

Especially during a big shake-up like we've seen in the market recently.

I explain more in this report... plus give you three examples of the power of our system...

But of course, I'm not here to solely tell you about what we've done in the past.

I also want to share what I've learned about a massive but little-known change that's underway, right now, in the United States. It might be the biggest secret in the financial markets right now. And you can learn all about it... and what it means for Joe Biden's presidential prospects... by clicking here.

So How Do We See
What Others Can't?

You see, few things make a stock go up or down... bigger or faster... than its earnings announcement on Wall Street.

If a company BEATS Wall Street's expectations, the stock usually takes off. If it doesn't, the stock can plummet.

But we've made a disturbing discovery about earnings announcements...

They're all hugely distorted and misleading.

And don't take my word for it...

Some of the greatest financial experts in the world all agree that the standard U.S. accounting rules contain huge discrepancies that can distort the true earnings of a company hundreds of percent higher or lower.

As Warren Buffett once said: "The net earnings figure... is not representative of the business at all."

And, "Reported earnings are largely detached from reality and don't really matter much," says NYU Business Professor Baruch Lev.

Of course, the big question is...

How can a company legally report a certain number for its earnings when the TRUE and ACTUAL number is multiple times higher – or lower?

Well... here's the secret.

Companies are required by law to report earnings in a specific way that can cause billions of dollars to be miscategorized in their financial statements... distorting their earnings and profits in a way the public never sees!

Each quarter, they report what they believe to be an accurate record of their earnings, based on Generally Accepted Accounting Principles (GAAP).

But what I've discovered in my career as a Certified Public Accountant at Credit Suisse, Deloitte, PriceWaterhouseCoopers, and as a member of the Association of Certified Fraud Examiners, is that GAAP is full of distortions...

As renowned investor Marty Whitman once said, "GAAP is not truth or reality."

Even the FASB committee members involved in rule creation for GAAP back in 1987 publicly admitted that the way financial statements are currently organized is "internally inconsistent"... "misleading"... and  "confusing."

Altogether, there are more than 130 inconsistencies within GAAP that cause earnings to be distorted each quarter.

But over the past 25 years, with a team of dozens of accountants and financial analysts, we've developed a form of forensic accounting that allows us to break apart any financial statement... and see the true earnings number of almost any stock, weeks or even months BEFORE the mass public has any idea.

Understanding these discrepancies and what they mean for the future of a company can lead to massive gains, even on safe stocks.

A Few Simple Steps to Take Today

We've started a new initiative to give regular folks the same advantages we've been giving our billion-dollar clients for years.

Again, our approach allows us to find companies that are likely going to report much better numbers over the next year or two... BEFORE the rest of the investment world catches on.

It's why some clients have paid as much as $100,000 per month to access our research. It's why the Top 10 companies we've found with our approach have outperformed the S&P 500 index by almost 100% over the past six years.

And it's why now more than ever, you need to ensure you're set up to defend against whatever dagger the market throws out next.

In fact, according to a Financial Times poll, nearly 70% of leading economists now believe the U.S. economy will tip into a recession within the next year.

In times like this, it's critically important to avoid losses, which is why I want to give you, what I believe is the single-best tool to achieve this goal.

The fact is that no one in the industry has been tracking the hidden money movements of these firms over the past year the way my team and I have.

And that's why I recommend you take a few simple steps, starting with some of the largest companies in the world...

Stock #1:
UnitedHealth Group (NYSE: UNH)

Our ratings are BULLISH after the company is showing incredible earnings growth.

UnitedHealth (NYSE: UNH) is one of the largest health insurers in the U.S. It's most known by the average consumer and investor for being the company behind the health care card they carry in their pocket... from employer-provided health care, individual healthcare, and supplemental Medicare insurance.

And over the past 12 years, UnitedHealth has become much more than that. That has allowed it to push its profits higher.

Since the early 2010s, UnitedHealth has looked to new avenues to find growth. It got so big that its regulators wouldn't let it keep on taking more share in each of the states it operates in.

So instead of staying as solely an insurer, UnitedHealth looked inward and realized that it had a secret potential growth driver all along... its massive troves of health care data.

By mining the data it had on health care treatments, outcomes, quality of care, and other trends, it could find brand-new revenue sources. So it created Optum to do just that.

It could partner with hospitals to improve care. It could invest in startups that were solving issues where current care, treatment, or technology offerings were not enough.

It could even sell its data and insights to pharmaceutical and health care equipment companies to give them a window into if they were losing or gaining ground, and where there were holes in the market they could unlock.

Here's the thing though, the market has no idea how successful UnitedHealth has been in doing this. You can see it below...

In orange, we have what Wall Street thinks its numbers are. But the blue bar represents its TRUE earnings power... not only is it far higher, it's rising year after year.

The market is totally missing this opportunity. Instead, it's pricing UnitedHealth as if it will see profits fade. That's because Wall Street doesn't realize the massive growth engine hidden behind UnitedHealth's insurance business.

We can only see it because we're looking at the real data... and that's our advantage. (Learn how you can get immediate and exclusive access to this powerful system by clicking here.)

Stock #2
The Procter & Gamble Company (NYSE: PG)

Our ratings are listed NEUTRAL due to its overvaluation.

The Procter & Gamble Company (NYSE: PG) is now the world's largest consumer goods company, boasting over 180 years in operation.

Procter & Gamble is a mature company who is primarily focused on maintaining profitability. As a big, steady company, it is unlikely to create a new market in personal goods that's going to transform the value of its business.

But the fact is, Procter & Gamble is a good company, but it is no longer improving.

If the company can find ways to show the market that it's protecting, maintaining, and improving profitability through managing costs and protecting its market share, the market will reward it.

Today, the company is expensive. There are currently 65 Dividend Aristocrats in the S&P 500. The one problem with the Dividend Aristocrats is that you don't know to invest in them until they're on the list. Many investors are often willing to pay extra for these stocks for extra income and perceived lower volatility.

As you can see below, its earnings power is great... but the trend is not heading higher and it's overvalued by the market.

Stock #3
Walmart (NYSE: WMT)

Our ratings are listed as BEARISH after declining return on assets and high valuations have plagued the stock.

Walmart is the largest brick-and-mortar retailer in the world. But one of Walmart's biggest focuses recently has been in its core e-commerce business. With surging demand for online sales, this has created massive supply chain bottlenecks.

Even with massive bottlenecks, Walmart highlighted an increase in e-commerce sales.

While increased online shopping will continue, we can't expect the same dramatic growth rates. During the pandemic, many online retailers saw 50%-plus-year-over-year growth.

Just because sales are growing doesn't mean profitability is too.

As a $400 billion retailer, the company struggles to generate strong returns sustainably. Its Uniform ROA has remained around 10% for the past three years, below corporate averages.

The company will struggle to meet – let alone beat – market expectations at these valuations.

Investors should avoid the company for now.

What's Really Happening in America Today

Today, ALL 10 of the biggest money managers in the world read my work... so do 150 of the 300 world's biggest investment firms.

In short, we've developed a one-of-a-kind system that could have helped you make incredible gains.

I guarantee you can't find this type of forensic research anywhere else, unless you work for a hedge fund or big money manager.

But I don't want to limit my research to large institutional clients and huge money managers.

I want to give any American a chance to benefit from this work. 

That's why I recently launched an investment research firm designed for individual consumers.

Our firm is called Altimetry.

Altimetry technically means the study of altitude or height.  But in finance, I like to think of Altimetry as the study of stocks that go up in price.

And here is the best part...

Altimetry was designed to help average Americans find investment opportunities that everyone else, including Wall Street, is overlooking.  And it uses the same research and analysis that my institutional clients pay hundreds of thousands of dollars for.

In just the roughly two and a half years we've been making our research available to the general public, we've seen gains across our research services of 120%, 391%, 314%, 211%, 141%, 105%, 149%, 211%, 133%, 139%, and 113%... just to name a few.

Again: You simply cannot get access to this type of research anywhere else that I'm aware of, unless you spend a fortune to have your money managed by a big hedge fund or money manager.

Or... unless you'd worked for the FBI or CIA and were familiar with the growing new business of uncovering deception on Wall Street.

But today... We're opening the doors to a powerful new way for you to access this analysis and all of our top recommendations yourself.

It's more important than ever to recognize what's REALLY happening in America today.

And why the new economic force heading for the U.S. will not only increase our nation's wealth... but it will also empower the federal government... enabling terrifying and wasteful socialist policies.

You see, I already see the path for Joe Biden's LANDSLIDE reelection.

And in a second term, I believe the progressives, using their vast new powers could:

Please understand... I don't want any of these things to happen.

But the truth is, it doesn't matter what you or I want... this is exactly what is most likely to happen, because of the new power the Biden administration will soon possess.

It's not surprising that most Americans are completely missing this story... because it's been a long time since we've seen anything quite like what is quietly happening right now.

But you can set yourself and your financial future apart, today, right now. Click here to learn more.