What Is Cash Flow?

All investing is very similar. It doesn't matter if it's real estate, stock market, business, it doesn't matter because it's all some kind of a multiple of cash flow. So let's go as basic as we can, Chris. And I'll give you my theory and then you can poke holes in it or you can tell me, okay, what do we need to add to this? All right. You start off with what's called operating profit margin, which is a cash flow profit margin. EBITDA, for any of you who are not familiar with that term, is earnings before interest? Taxes, depreciation, and Yeah, it's those things that it's