2 ms·
as long as (profit - cost of debt)/(invested capital) > (ROI on best alternative investment) then free money. Low risk, low volatility 6% ROI isn't a bad inves
by mseebach 14y ago
as long as (profit - cost of debt)/(invested capital) > (ROI on best alternative investment) then free money.
Low risk, low volatility 6% ROI isn't a bad investment at all, but I think smart money is on Buffett having an idea or two for increasing that number.