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MI201: Investing in Tech Companies (Mini-Episode)
Millennial Investing - The Investor’s Podcast Network
How Much Money Does the Company Earn?
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The most important driver is economic earnings, how much money does the company earn? And this isn't driven by the gap earnings shown in the financial statements. Put a heavy emphasis on the ret on invested capital of the company. The way bazos ran his company and communicated his strategy could almost be used as a temple for what to look for in an executive team.
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