free cash flow

Help! My stock is a cannibal

2013-04-16T10:04:59-04:00By |Categories: Blog|Tags: , , , , , , , , , |

Normally, I would suggest that you run away from a cannibal but a stock cannibal is one you should embrace. In a recent interview, Charlie Munger suggested that one key to investment success is to look at cannibals — businesses [...]

If you can’t figure out how to kill it, buy it

2013-02-23T09:14:56-05:00By |Categories: Blog|Tags: , , , , , , , , , |

One of my favourite investment quotes comes from Bruce Berkowitz, who manages the successful  Fairholme mutual fund. "If you can buy a company with a free cash flow yield of 10% or better and you can't figure out how to [...]

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