EBITDA Is Not A Good Proxy For Cash Flow
Reading Time: 5 minutes Do not say “EBITDA is a good proxy for cash flow”1. I worked as a cash flow lender for quite awhile and never heard a […]
Influential Reads – April 2021
Reading Time: 2 minutes “You’re free when no one can buy your time.” – Farnam Street April was an interesting month. The biggest realization for me – which seems […]
Operating Model Tips
Reading Time: 4 minutes I am not sure any real people actually visit this site. I am pretty convinced the only visitors are bots. However, the bots seem to […]
Packed for a Week. Stayed for Three Months.
Reading Time: 4 minutes We went on a ski trip on March 14th, 2020. It turns out, the timing of the trip left a little to be desired. Or […]
Influential Reads – March 2021
Reading Time: 2 minutes Whoa. Where did the first quarter go? There looks to be a light at the end of the COVID tunnel. One vaccine down; one to […]
Book Report: Fortune’s Formula
Reading Time: 3 minutes “The sad fact is, almost everyone who gambles, goes broke in the long run.” – Fortune’s Formula, pp. 49 This is meant to be more […]
Book Report: The Hard Thing About Hard Things
Reading Time: 2 minutes “That’s the hard thing about hard things—there is no formula for dealing with them.” – Ben Horowitz This is meant to be more of a […]
Influential Reads – February 2021
Reading Time: 2 minutes February had a lower reading count for a few reasons. First, we had a much needed week of vacation that kept us busy and on […]
Diversification
Reading Time: 2 minutes There’s been volumes written on the topic of diversification. The pros, the cons. What diversification really means? How many positions one needs to hold to […]
Mask Wearing Point System
Reading Time: < 1 minute The purpose of a mask is to cover the airways to the lungs. Parts of the human body that part of the respiratory system and […]