Abel Bets on Operating Cash Flow, Echoing Buffett’s EBITDA Skepticism
TL;DR
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:businessfinanceinvesting#berkshire-hathaway#ebitda#financeinvesting#greg-abel#net-cash-flow-from-operations#warren-buffett
- Berkshire CEO Abel Is Fond of Financial Metric Similar to One Criticized by Buffett Barron's
- Berkshire’s New CEO Lays Out How He Will Pick Up Where the Buffett Era Left Off WSJ
- Buffett successor Greg Abel faces first big test as Berkshire Hathaway CEO. Did he pass it? CNBC
- Berkshire CEO, Iowa resident vows to be careful steward after Buffett The Des Moines Register
- Berkshire Hathaway's New CEO Omits Bank of America And Chevron In Letter To Shareholders After Warren Buffett's Exit Yahoo Finance
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