"I think that, every time you see the word EBITDA [earnings], you should substitute the word 'bullshit' earnings." – Charlie Munger http://pic.twitter.com/7Su02k4Qgb
— Ivan Maljkovic (@ivan_brussels) March 15, 2017
"I think that, every time you see the word EBITDA [earnings], you should substitute the word 'bullshit' earnings." – Charlie Munger http://pic.twitter.com/7Su02k4Qgb
— Ivan Maljkovic (@ivan_brussels) March 15, 2017
About The Author: John
John serves as chairman of MOI Global, the membership community of intelligent investors. He is a managing editor of The Manual of Ideas, the acclaimed member publication of MOI Global. Previously, John served as managing partner of private investment firm Mihaljevic Capital Management. He is a winner of the best investment idea prize awarded by Value Investors Club. John is a trained capital allocator, having studied under Yale University Chief Investment Officer David Swensen and served as Research Assistant to Nobel Laureate James Tobin. John holds a BA in Economics, summa cum laude, from Yale and is a CFA charterholder.
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