Remove 2008 Remove Cash Flow Remove Finance Remove Metrics
article thumbnail

Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. In 1988, he purchased a large stake in the company, seeing its strong brand, steady cash flow, and long-term growth potential.

Ethics 78
article thumbnail

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

After all, “short-termism” does not correspond to any single quantifiable metric. Our belief is that the earnings of long-term companies will rely less on accounting decisions and more on underlying cash flow than other companies. With this metric, the gap between long-term companies and the rest is even bigger.