13 Comments
founding

Commenting as lower engagement comparitively to other posts, but the bread and butter here still very, very useful

1. AGAIN Cartoon Bull from 2035 doing a better job than a 28k USTT accountancy qualification... (breath | seethe | accept )

1.a. choice between futher postgrad quals and starting a business needs to be carefully considered. We're heavily in favour of the later now - perhaps to be expanded on in a later post.

2. Despite 1, we actually needed a refresher on this topic. These posts very, very useful

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“ you can find projects with a positive treasury that is higher than the market cap”

Agree, [REDACTED] is an obvious buy right now.

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Thanks BTB!! Excellent fundamentals help us think effectively and cut through the noise in Financial statement analysis

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Late to this, but sums it up well once again!

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Feel like CF is the least discussed and most important...maybe just my view from inside a big corp, but the time spent on disecting & talking about GAAP NI is 99% of the convo (technically the pseudo-GAAP "adjusted NI")

And most of the time, the answer is some timing issue under GAAP that is non-economic.

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Great stuff. I will send these posts to customers that ask how to understand their financials.

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Autist Note Nitpick Question: Real estate investment doesn’t balance out w/$100k investment and $400k debt.

Shouldn’t this be a $500k asset w/$400k debt w/$100k cash reduction to balance?

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