Thursday, November 1, 2012

GFNN Founder Michael Markowski Interview (CrowdFunding)

Markowski , founder of Stockdiagnostics , teaches Operational Cash Flow 101

click to link below to listen entire interview:
Crowdfunding, Stock Health, & Investing — It's Rainmaking Time!®

or on youtube here

Warren Buffett on importance of Cash Flow:

Warren Buffett, Chairman of Berkshire Hathaway: 2000 Annual Report:
"Common yardsticks such as dividend yield, the ratio of price to earnings or to book value, and even growth rates have nothing to do with valuation except to the extent they provide clues to the amount and timing of cash flows into and from the business. Indeed, growth can destroy value if it requires cash inputs in the early years of a project or enterprise that exceed the discounted value of the cash that those assets will generate in later years.
Market commentators and investment managers who glibly refer to growth and value styles as contrasting approaches to investment are displaying their ignorance, not their sophistication. Growth is simply a component--usually a plus, sometimes a minus-- in the value equation."

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