I have been an investor for decades. Of course I want stock compensation treated as a cost when companies report earnings.  It is especially crazy when companies trumpet their billions spent buying stock at the same time they want to treat stock giveaways as not a cost.<p>You might think just avoid in investing in companies that are so crazy as to do that (in their promoted non-GAAP numbers) because that must be a sign they are not so bright and why rely on them to make wise investing decisions for your company.  But you would find yourself ruling out many technology companies.  It isn&#x27;t that they don&#x27;t know this is wrong, they just realize it is in their executives (CFO, CEO etc.) interests to promote the false earnings because many people will accept it.<p>My blog post from last week<p><pre><code>  http:&#x2F;&#x2F;investing.curiouscatblog.net&#x2F;2016&#x2F;04&#x2F;21&#x2F;buybacks-giveaways-to-executives-and-non-gaap-earnings&#x2F;</code></pre>