The key thing to look at is free cash flow, which is what they have available to go spend on other companies or to distribute to the shareholders. It's just something we sort of learned from Warren Buffett about how you look at a company. We've talked about it here and the book invested. So if you want to learn more about it, go there. Yeah, I have a question about the the letter and what to go. But I think we need to wrap up for this episode. Okay, go ahead.
How often are you inspired to invest when you come across a great idea or innovation in your day-to-day life? Could that new helpful device lead you to the next great company for your portfolio?
With the sheer quantity of information that’s available to investors in the digital age, being able to sort the signal from the noise is a must.
This week on InvestED, Phil and Danielle discuss how viewing life through an investing lens can shape our experiences when we encounter something new.
For help picking winning investments and avoiding risky stocks, get your free copy of our Must Have Investing Checklist: https://bit.ly/3IZucI9
Topics Discussed:
- Helmets (MIPS)
- Research potential of the internet
- Public > Private shift
- CEO letters
Resources Discussed:
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