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Fool Me Once Or Fool Me All The Time

Martinka Consulting

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. Owner “perks” like cell phone, car, travel to conferences, etc. (as For more, just Google the terms Warren Buffet and Ebitda.