You Can’t Rely on Earnings, But You Can Trust the Cash You know the game. A company hits the earnings estimate, maybe even beats it by a penny, and the stock pops. But what if that “beat” was a mirage, puffed up by accruals, non-cash adjustments, or accounting gimmicks? As a long-term investor, you can’t […]
Earnings Lie. These Cash Flow Ratios Tell the Truth Read More »
Business Development Companies (BDCs) can look like dividend gold mines. The headline yields are often double or triple what you get from blue-chip dividend stocks or bond funds. But as you already know, the market doesn’t hand out high income without attaching strings. The problem is, these strings are often buried in footnotes, cloaked behind
The Hidden Risks of BDCs No One Talks About (Until It’s Too Late) Read More »
Many business owners spend their days chasing top-line growth. They obsess over vanity metrics and social media clout, forgetting one thing: profits don’t pay your bills, cash does. If you want freedom from the grind, a business that pays you consistently, and a system that scales without chaos, you need to shift your mindset. Cash
You Don’t Run a Hobby–You Run a Capital Allocation MachineCash is not just king. It’s the blood, breath, and backbone of your business. Yet too many small business owners treat cash flow like a checking account instead of a strategic weapon. This article will help you flip that script. You’ll learn to manage cash flow
How to Manage Cash Flow in Your Small Business Like an Investor Read More »
[This article was originally published on Apr 27, 2025] Martin Shkreli, the poster boy for pharma greed, criticized this company at the rate it was raising its prices for EpiPen. On 2009 the wholesale price of two EpiPens was about $100, by July 2013 the price was about $265, in May 2015 it was around
[Inner Circle] $VTRS – Viatris, a Low Hanging Fruit in the Pharmaceutical Industry Read More »
Why You Should Be Wary of Factor ETFs? You already know that factors like value, momentum, quality, and low volatility have a long track record of outperformance. That’s why the explosion of “factor ETFs” looks so tempting on the surface. But here’s the dirty little secret Wall Street doesn’t advertise: most factor ETFs dilute your
The Dirty Little Secret Behind Most Factor ETFs (And What You Should Do Instead) Read More »
If you’ve ever wondered what Warren Buffett might look for if he were screening stocks today, you’re in the right place. This stock screen is built directly from the principles laid out in the bestselling book Buffettology. The goal is simple: identify companies with the financial strength, profitability, and resilience that could make them worthy
54 Large Cap Stocks That Meet the Buffettology Criteria – April 2025 Read More »
When inflation runs high and uncertainty spreads across the economy, you need assets that do more than just keep pace. You need assets that protect and grow your purchasing power. Right now, investors are witnessing a turning point. Gold is hitting all-time highs as trade wars ignite safe-haven demand. Bitcoin is gaining credibility as a
Gold, Bitcoin, or Real Estate? The Best Inflation Hedges for 2025 Ranked Read More »
This isn’t just another financial metric — it’s the foundation of serious, lasting wealth creation. While financial media obsesses over earnings beats and Wall Street justifies inflated multiples, experienced investors know where to look: free cash flow. The Free Cash Flow Valuation Model is one of the most reliable, underutilized tools for assessing a company’s
The Free Cash Flow Valuation Model: A Quiet Weapon for Serious Investors Read More »
In the world of academia, elegance often trumps reality. You’re told to trust the math. That beta knows your risk, and CAPM tells you your return. The neatness is seductive—plug in a few numbers and out comes a risk-adjusted return. But what if this elegant formula collapses the moment real money is at stake? For
Why CAPM Fails Real Investors: The Hidden Risks in Relying on Beta Read More »
