2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP465: Value Investing in the Digital Age w/ Adam Seessel

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Best Way to Look at Quality of Management?

The best way to look at management is by the level of debts, Tray says. Consumer products companies can take on a lot of debt and that actually improves their return on equity. But airlines or manufacturing companies cannot take on such high levels of debt. The more steady the business, the more debt you can put on it., Tray says.

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