After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

058: What We Can Learn From Ted Weschler's Perfect Investment in Dillard's

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

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The Pandemic Is Going to Damage Their Cash Flow

Even if you were conservative and said, well, i think they're going to survive, but i think their casha is going to get cut in half. The upside, in reality, has been much higher. In the past 12 months Cash flow from operations minus capital expenditures is like, way up. They're paying out a 15 dollar special dividend right now. A because they are going to stay in business sales or back up margins are up. And i guess mister market likes the bybacks and the way the management is running the business. So putting it together, this wasn't just a heads, i win, tails, i lose a little bit. This was more like, heads

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