SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Buckley who wrote (48543)11/3/2001 8:06:57 PM
From: hueyone  Read Replies (1) of 54805
 
MICAP focuses on the growth of adjusted free cash flow.

Did Mauboussin use the expression "adjusted free cash flow"? If so, when did he use it and how does he define it?

When I used that expression last June to describe SEBL's free cash flow after adjusting it to remove the tax benefit from exercise of stock options, I was not aware that the expression "adjusted free cash flow" existed in some manner in the finance field. We also noted at the time that it may be necessary to adjust free cash flow in other ways (besides tax benefit from stock options) to best approximate earnings available to owners.

Best, Huey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext