What is not discussed is the secret primary duty of a CEO and the Board of Directors: the huge pay raises, increase in perks, and positively delicious Golden Parachutes. Today's CEO and board are richly rewarded well for failure, or success. A CC has 3 parts: CEO comments, CFO report, and Q&A from analysis. The opening remarks by the CEO is insightful about the company. The CFO's comments are difficult to understand with a lot finance background. Anaylsis question are relative.In Cramer's book Get Rich Carefully, he has an excellent list of what he watches for in CCs CEO Speak Headwinds are the excuses for failures--other than not mentioning the company had competition, e.g., the weather, currency, Brexit, Amazon, etc. (See if other companies in the sector had the same issue, e.g., Lowes compared with HD, or vice-versa). Tailwinds is $ucce$$ due to the implied CEO's wonderfulness Next Quarter will really, really, positively, absolutely, 100%, wow you (e.g.,"You Just Wait till Next Quarter, and WOW-W," such as Klaus "Next Quarter" Kleinfeld, CEO and Chairman of Alcoha) Diluted Shares is what the common investor will have AFTER the Richer than Gawd class (e.g., Buffett) gets done with their feasting should issues arise Non-GAAP accounting is creative accounting to make the company look better. A CEO will mention this in the opening remarks. This could be a potential red flag worth investigating. SEC doesn't care, and Cramer never goes into this. Report on a secret meeting of hypocritical CEOs about how egregious CEO pay is (THIS IS NOT A JOKE!) I am currently compiling here an easy to use list of Conference Calls for this quarter. Rough cost of a CEO to appear for 10-minutes on "Mad Money" NO-O self-respecting CEO is going to spend an afternoon for a brief appearance on the show when s/he can hit the company to pay for 3 days of top level fun, geez! Airport costs for the CEO's personal Gulfstream (paid for by the corporation) for 3-days (1 day for arrival, 1-day for appearance, and 1 day to leave). Imagine the cost of Buffett doing one of his CNBC "dog and pony" show--ohmygawd! Penthouse for Top Dog, then for the staff of sycophants, body guards, lawyers, and accountants, each with the best room in the most expensive hotel in NYC--BUT NOT BETTER THAN THE CEO! 100 foot long, fully armored black Limos for Big Show and syncophants Nine of the best meals available for all Gawd only can imagine the additional perks just for the CEO Enjoy the next Cramer interview with a CEO. If you own some shares in the company, imagine the costs for that appearance.