Able Quote by David Hawkins

Most look at earnings and earnings potential, well I can't get into that game.

— Walter Schloss

Profits are an opinion, cash is a fact

— Anonymous

When it comes to valuation, there's only one thing stock investors really care about, which is earnings.

— James B. Stewart

The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow…

— Chris Chocola

Try to buy assets at a discount than to buy earnings.

— Walter Schloss

One has to know more about a company if one buys earnings.

— Walter Schloss

The value that some analysts put on revenue vs. what they put on profit is out of whack. If you can grow real cash…

— Louis V. Gerstner, Jr

Cash is king, and the bloodline of any business. I believe that any business should have sufficient cash flow.

— Touker Suleyman

“A firm can have value only if it ultimately delivers earnings.”

— Aswath Damodaran

Where you have complexity, by nature you can have fraud and mistakes. You'll have more of that than in a company that shovels sand…

— Charlie Munger

Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.

— Warren Buffett

If you count all your assets you always show a profit.

— Wilson Mizner