
Ep 392. Unlocking Investment Wisdom: Reading for Success, Evaluating Companies, and Essential Financial Concepts for Capital Allocators
Focused Compounding
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The Misconduct of a Oil Company
The company didn't like the way they disclosed it, you know, but lots of companies will do that. It was accounting issues with inventory growth, which we don't talk about all that much. But basically, it's easy to detect in that the stated earnings weren't producing a lot of free cash flow ever. Even though it was growing all the time and stuff. I mean, even though it was very profitable.
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