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The ASX's best business models, most over-rated investing books and partnering with the ASA ft. Leigh Gant

Australian Investors Podcast

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Is It a Balance Sheet or Profit and Loss Statement or Income Statement Over Two Years?

If you could only pick one of these two things, which would be more useful to you as an investor? The profit and loss statement or the income statement over two years. Matt: I would choose,. So if you have a balance sheet over five years, a company with a healthy balance sheet could do nothing for five years and keep it that way. Chris: If we have a company that's perhaps profitable or at that inflection point of becoming profitable over one to two years, their balance sheet may be unhealthy in inverted commas there for the listeners but could be an incredible investment.

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