Chapter 2 Munger and Town’s lessons2
- Sales (a.k.a. revenue, top line)
- Net income (a.k.a. net profit, bottom line)
- Operating cash flow
- Book value (a.k.a. equity) + dividends (if any)
Town, D., & Town, P. (2018). Invested: How warren buffett and charlie munger taught me to master my mind, my emotions, and my money (with a little help from my dad). William Morrow, an imprint of HarperCollinsPublishers.