Jump to content

Floats and Moats Presentation


giofranchi

Recommended Posts

What kinds of businesses are those where suppliers and/or customers provide float? Those with moats.

 

I havent thought of it in this way before, but it makes perfect sense when you think about it.

 

Well, I guess FCF is the best kind of float: you are free invest it, without the need to ever give it back! :)

The larger and more durable the moat, the larger and more predictable the FCF. At least, that’s how I have always thought about the operations of my business.

 

giofranchi

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...