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5min chapter
Classic 13: Security Analysis
We Study Billionaires - The Investor’s Podcast Network
I Think There's Been a Major Shift in the Thinking of Business
The income statement is like looking at your checking account, ok? You could look at all the money that's come in, and that would be your top line. And that would be called your revenue or your sales. The cash flow statement wasn't something that even existed when benjamin graham wrote this book,. So it's kind of interesting to a know that that wasn't even thing that was available back whenever he wrote this. But here in the fifth part, that's whenever he starts talking about the income statement.
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