Abel Bets on Operating Cash Flow, Echoing Buffett’s EBITDA Skepticism
TL;DR Summary
Barron’s reports that Berkshire Hathaway CEO Greg Abel favors net cash flow from operations as a key metric, a cash-flow measure similar to EBITDA—an approach Warren Buffett and Charlie Munger have long criticized as “nonsense”—highlighting Abel’s emphasis on cash generation at Berkshire.
Topics:business#berkshire-hathaway#ebitda#financeinvesting#greg-abel#net-cash-flow-from-operations#warren-buffett
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