Warren Buffett said there are 3 chapters investors must read.
After that, you know all you need!
1. Chapter 8 (The Intelligent Investor)
2. Chapter 20 (The Intelligent Investor)
3. Chapter 12 (Keynes' The General Theory)
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Finance Master Cheat Sheet
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10. Finance Cheat Sheet
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14. Financial Statements Mindmap
15. Top 100 Excel Tips
16. Accounts Payable vs Accounts Receivable
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A big reason many don’t make big money later is they spend too much money now.
So when big opportunities come, they can’t take a big swing, because their house, car, and lifestyle costs too much.
If you want to go offensive with money later, you gotta be defensive with it now.
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“I am here for the comeback story"
That’s what Peloton CEO Barry McCarthy told his employees on his first day in the role in Feb 22.
He took over a company that was reeling from a supply chain f*ck up of epic proportions during the pandemic.
I know first hand what it’s like to live through supply chain chaos.
This is why I chose $PTON as the case study for our month-long newsletter series on ‘how to interrogate financial statements like a CFO’.
It’s timely too, with Peloton announcing a new CEO and Q1 results only yesterday.
We’ll cover a lot of ground over the next few weeks including unit economics, the balance sheet, and maintainable free cashflow. All using a real case study ...
You know, the kind of stuff CFOs dream about at night.
So join me on this journey by subscribing to the CFO Secrets newsletter.
Sign up now using the link in my bio
My old boss used to say: "in God we trust, all others must bring data."
Took me a few years to realize how right he was.
Stop trusting your gut over hard facts.