In the following video, Brenton Flynn outlines a gaffe from health care company Volcano Corporation (UNKNOWN: VOLC.DL ) . In a recent press release, the company outlined revenue in a way that required a follow-up disclosure only minutes later. While the company is to be commended for quickly fixing its mistake, the oversight begs the question: Is management even reading these things before they go out?
While Volcano's disclosure error is embarrassing, at The Motley Fool we don't tend to worry about these short-term hiccups. Our investing approach is to choose great companies, and management teams, and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.