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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (10094)3/2/2000 3:12:00 PM
From: Madharry  Read Replies (1) of 78661
 
I don't know if this will add clarity or not- but I would distinguish between the cash flows and the non cash flows.
In otherwords there are assets and liabilities that are fixed assets but are valued in foreign currency and then have to be translated for exchange purposes- those would not effect cash flow.
Then you have foreign sales and expenses and short term foreign assets and liabilities and those would effect cash flow.
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