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3min chapter
TIP465: Value Investing in the Digital Age w/ Adam Seessel
We Study Billionaires - The Investor’s Podcast Network
Earning's Power and Harvest Mode
i would argue that they should be expensed. But now with these giant companies, you know, like gogles pends a lot of money tweaking its search engine. They tweak the searchalgarithm twice a day to make it better, faster, more relevant but all those expenditures are expensed. So only every dollar that amazon spends on its ecommerce web site expense, every every what are you talking about? Of course, it has a multiple year life. It's obvious, but not a gap doesn't recognize it. i define earnings powers fot the latent underlying ability for a company like amazon, or gugo, or any tech company, really to produce
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