STE's Stocks Investing Journey

The Power Of Free Cash Flow

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Publish date: Sun, 30 Jun 2019, 10:56 AM
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"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
Accounting Profit is Fake Yup, you heard me correctly. Accountant's idea of profit is prepared according to tax adjustments and accounting standards. These were established to provide consistency and governance across how accounting is done. The problem is these 'rules' are very much open to interpretation - leaving room for 'creative accounting'.
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