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Ep 364. Q&A: Entertainment, Intrinsic Value, Cyclicals, Dark Stocks, and The Too Hard Pile

Focused Compounding

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Is There a Business Model for Generating Cash From Operations?

If the business model is that we don't have positive cashfor operations a that would worry me a lot. Would you make an exception for licacinamarc that, you know, through cove, it had a cash outflow? Oh, ye. Any of these things you're using your common senseis not a problem for me. Yes, if they were shut down and didn't exist or something. And throughout most of business history, all companies convided themselves was generan casual from operations.

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