Cash Flow: Vaguely Right or Precisely Wrong

In explaining how he adjusts a company’s cash flow for investment analysis, Warren Buffet once quoted the economist John Maynard Keynes, “I would rather be vaguely right, than precisely wrong.” Buffet’s comments mean it’s false to pretend that financial analysis is a...

The Importance of the Credible Expert

Business appraisals are needed in many situations. Regardless of the situation, if your goal is an objective and reasonable result, a competent and credible expert is your logical starting point. A professional who is abreast of current best practices and able to...