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datsci_est_2015 • yesterday at 6:20 PM • 1 reply • view on HN

Are you implying that there are four quadrants:

  - Accurate / favorable
  - Inaccurate / favorable
  - Accurate / unfavorable
  - Inaccurate / unfavorable
Or are you implying that Meta spoke the God’s honest truth out of a sense of societal duty and honor.

Replies

loeg • yesterday at 6:28 PM

In this instance, only two combinations -- accurate and favorable vs inaccurate and unfavorable.

Meta and Meta's accountants spoke the truth in their audited financial statements. I cannot speak to the motivation in their hearts, but I am aware that there are significant financial and criminal consequences to publishing incorrect financial statements.