3 ms·
Doubtful. Aren't companies judged on EBITDA?
by dboreham 4y ago
Doubtful. Aren't companies judged on EBITDA?
- lotsofpulp 4y agoSometimes, by some people, for some purposes. Buffett and Munger have been notably skeptical of its usefulness for a long time: https://www.cnbc.com/2020/02/12/charlie-munger-warns-there-are-lots-of-troubles-coming-because-of-too-much-wretched-excess.html https://www.cnbc.com/2020/02/12/charlie-munger-warns-there-a... https://finance.yahoo.com/news/charlie-munger-warren-buffett-ebitda-205053585.html https://finance.yahoo.com/news/charlie-munger-warren-buffett... https://seekingalpha.com/article/4326833-earnings-lies-and-why-munger-says-ebitda-is-bull-s https://seekingalpha.com/article/4326833-earnings-lies-and-w...