“If you buy companies at 4x… you’re buying 10 M worth of cash flow… you’ll have cash flow from subsidiaries to fund later deals.”
GB
Giuseppe Balzano
Buyers and Builders ·
Monetary Matters with Jack Farley · Top Performing Value Investor Explains Why the Market Isn’t Overvalued and Hasn’t Hit the Blowoff Top Phase | Charles Lemonides | ValueWorks LLC
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Buy Cord (an independent ENP) at a valuation of three to four times its cash flow
$8 billion valuation; 3-4× cash-flow multiple
“If you buy companies at 4x… you’re buying 10 M worth of cash flow… you’ll have cash flow from subsidiaries to fund later deals.”
“I updated all my financial models, added a whole tab on cash flow, and used that to determine how much more cash I need and updated my valuation.”
“Buy investment grade assets... Use leverage wisely... Hold for the long-term... Invest in the right structures... Manage your cash flow.”
“The 13-week cash flow statement makes sure that we're always tracking your cash, not just your profit and loss”
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