In this episode: interpreting financial statements, utilizing financial statements, balance sheet statements, income statements, cash flow statements, and valuing a business for its purpose.

Have you even wanted to learn the language of business? Not in a literal sense, by that we mean understanding the ways businesses communicate what their real value is to the general public and potential investors? Well if you have had this incredibly niche thought, you're definitely a member of the FI community, and you're also in luck! Brian Feroldi is back on the show to discuss financial statements and the information certain financial statements indicate, as well as act as your translator for the language of business! Understanding this language can be a massive help in your own decision making going forward!

Brian Feroldi

Twitter: @BrianFeroldi
YouTube: Brian Feroldi
Website: brianferoldi.com

Timestamps

1:26 - Introduction
2:44 - Financial Statements
5:35- Read and Interpret
8:58 - The Three Main Financial Statements
13:33 - Balance Sheet Statements
22:09 - Utilizing Financial Statements
24:06 - Income Statements
30:04 - Claim on Earnings
33:58 - Cash Flow Statements
44:13 - Valuing a Business for it's Purposes
47:22 - Not All Businesses are Equal
50:16 - Conclusion

Resources Mentioned In Today’s Episode

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