Alejandro, this is the only sanity left in the casino.
Wall Street loves "Earnings Per Share" because that’s the metric they can massage with accounting gymnastics to ensure their quarterly bonuses clear. What you're talking about is the actual wealth left over after keeping the lights on and the machine running.
The average retail investor buys stories and hopes; we need to buy cash streams and demand value. If the company isn't generating real cash to reinvest in its operations and workers, it's just a speculative bubble waiting to pop.
Alejandro, this is the only sanity left in the casino.
Wall Street loves "Earnings Per Share" because that’s the metric they can massage with accounting gymnastics to ensure their quarterly bonuses clear. What you're talking about is the actual wealth left over after keeping the lights on and the machine running.
The average retail investor buys stories and hopes; we need to buy cash streams and demand value. If the company isn't generating real cash to reinvest in its operations and workers, it's just a speculative bubble waiting to pop.
Great post, Ale!!! Very concise and clear in the explanations.
Buying bad stuff hurts way more than missing good stuff. That filter stops me (and people who use it) from forcing trades just to feel busy.