I understand that. Not my style. I'm not a trader.
And I don't believe in high difficulty, high reward.
There are points for style. But I don't think the payoff warrants it.
My investing horizon is 3 to 5 years and my main measuring stick is Free Cash Flow.
To clarify: FCF = EBITDA - Maintenance CapEx.
Main difficulty here: figuring out CapEx
I like listening to drying paint and watching grass grow ;)
As to statements:
Cashflow statement is the most important, second comes the balance sheet.
Actually reading the annual report is mandatory.
To me.
I understand that. Not my style. I'm not a trader.
And I don't believe in high difficulty, high reward.
There are points for style. But I don't think the payoff warrants it.
My investing horizon is 3 to 5 years and my main measuring stick is Free Cash Flow.
To clarify: FCF = EBITDA - Maintenance CapEx.
Main difficulty here: figuring out CapEx
Posted using Partiko Android
The best investing can be the most boring one... balance sheets, indicators, net present value... no adrenaline.
I like listening to drying paint and watching grass grow ;)
As to statements:
Cashflow statement is the most important, second comes the balance sheet.
Actually reading the annual report is mandatory.
To me.
Posted using Partiko Android