TIP230: Billionaire Larry Ellison Lessons (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
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The Importance of Owner's Earnings
The frustrating thing about owners earnings is that you can't really calculate it or at least you can't be 100% accurate in calculating what it is. It's something that I can estimate and Preston can estimate and Buffett can estimate, but we'll probably come up with three slightly different numbers. So if you're looking at a company like Apple, there's definitely a capital expenditures for the iPhone business,. And then they're setting up their new cloud division.
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