Disciplined Investing, especially the NAIC way Message Board

STOCKTALK

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 : Disciplined Investing, especially the NAIC way

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BrightFuture who wrote (294)	1/17/2002 6:49:17 PM
From: The Philosopher	Read Replies (1) of 469

We don't look at the balance sheet much, except we avoid stocks with high levels of debt, and look for plenty of cash -- sometimes we do a current ratio, but more often we only eyeball it from the S&P numbers. Cash flow is another issue entirely. I ALWAYS look for positive cash flow, and prefer cash flow in excess of earnings, unless there's a hefty dividend. If cash flow is significantly less than earnings, I dig until I find out the reason why. Cash flow is much harder to manipulate than earnings. In fact, I'm getting close to making a policy decision to do the SSG using cash flow instead of earnings. I haven't reached that point yet, but I'm tempted. Another possible article for BI. Can't wait until I'm retired and can start writing for them. I have so many issues I want to address, and the best way to analyze an issue and figure out what you really think about it is to write an article on it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next