Now, Remember!

I’m watching an Olinto vid. He is so funny w/ his "Now, Remember"s all the time.

I think we need a Now, Remember! thread.

Now, remember! when a company receives dividends in an investment that it’s reporting under the equity method: DIVIDENDS ARE NOT INCOME!!! They are a return of capital - that is, they reduce the carrying/book/cost basis (under both IFRS/GAAP)

Don’t forget!!!