💰Primer on Free Cash Flow from Aswath Damodaran


Hey Reader,

We can learn a lot from history. For example, what do Alexander the Great and investing have in common?

Not much at first blush, but Alexander often took calculated risks, balancing bold moves with strategic caution, a trait valuable in investment decisions. The more you know.

In today's issue:

  • Primer on free cash flow from Aswath Damodaran
  • Michael Mauboussin on how to read and make adjustments to the cash flow statement
  • Joel Greenblatt loves free cash flow
  • Books to start you down the path of analyzing stocks
  • Much more.....

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My Favorite Finds

Primer on free cash flow from Aswath Damodaran. Must watch.

Show me the incentive, and I will show you the result. Famous words from Charlie, but how do we measure it as investors? New Constructs helps us learn how with this free report.

Michael Mauboussin breaks down how we should think about the free cash flow statement and adjustments to make to help clarify.

Why Joel Greenblatt loves free cash flow and why we should too.

EBITDA vs Net Income vs Free Cash Flow explained simply

Looking for something to read? Start here with everything Charlie Munger.


📖Knowledge Tidbits

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12:31 PM • Feb 1, 2025
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Dave Ahern
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