MI276: Finding 100 Bagger Stocks w/ Chris Mayer
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
The Importance of Reinvestment Rates
Some analysts will adjust for R&D. Are there any adjustments you make like that? Sure. You have to be careful about that, right? Because otherwise you wind up kind of talking yourself into something that's not true. The counting realities don't always reflect the economic realities. Some companies have CapEx and then they trade it very high multiples of free cash flow.
Play episode from 24:40
Transcript
