Ep 121. Investing in Stocks: ROC, ROE, ROIC, ROIIC
Focused Compounding
00:00
How to Calculate Return on Equity
Bob Iger: Intangibles aren't important for calculating for a business. He says the most useful number is free cash for relative to tangible equity. "The next Star Wars movie they make will have good returns, even if they pay too much for it in the past"
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