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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

Similarly, considering greater accruals (which represent the difference between reported income and operating cash flows) to measure short-term orientation has its difficulties. It assumes that a smaller proportion of cash flows in earnings indicates a myopic firm.

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Sam Zell Warns Recession Coming, Provides Opinions on 22 Topics Including Fed Tools, Equities, Real Estate, Energy, China, Brazil, Mexico, Climate Change

MishTalk

The interview was before the Fed announcement. It was a fascinating 2-hour interview. Number three there's an existing cash flow. But also extend and enshrine benefits for medical device makers, health insurers and renewable energy. This was a very refreshing interview. It's well worth a read.