Fool Me Once Or Fool Me All The Time
Martinka Consulting
AUGUST 6, 2018
Zweig writes that any form of modified profit isn’t cash flow. I get the feeling many people, even in my industry, don’t understand the difference between profit, Ebitda, and cash flow. And a recent one I’ve seen, the expense for research and development (for a company with a patented propriety product).
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