The number of posts and articles that use:
(1) earnings,
(2) EBITDA, and
(3) free cash flow
as if they are fully interchangeable seems to have hit a new high this past week. Can that number be used as a statistical factor in an index fund to produce market beating returns?
(1) earnings,
(2) EBITDA, and
(3) free cash flow
as if they are fully interchangeable seems to have hit a new high this past week. Can that number be used as a statistical factor in an index fund to produce market beating returns?
“Entrepreneurs believe profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most.” Drucker
"Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when absent." Buffett
"Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when absent." Buffett
"When bills come due, only cash is legal tender. Don’t leave home without it.” Warren Buffett
"Ring the freaking cash register." Mark Suster
“When somebody says it’s not about the money, it’s about the money.” H.L. Mencken
"Ring the freaking cash register." Mark Suster
“When somebody says it’s not about the money, it’s about the money.” H.L. Mencken
