Archive for the ‘Uncategorised’ Category
“All machines in the office should have Firefox and Flash installed with no bandwidth caps on them.” When your CEO says something like that to the systems guys, you understand even better why you love to work in the company, even if it is primarily a television-based firm.
All else being equal, we are bullish on companies with accelerating revenue growth (or at least modest deceleration off of a high base), expanding margins, and high rates of free cash flow generation.
Some seven years after having heard the same “all else being equal” rider in any assumptions that are made about economic/financial models during my graduation years, it still gives me that odd ‘er?’ feeling in my mind to hear it all over again. The thing about human (and market) conditions is that all else is never equal, nor do they remain unchanged over time. I can’t believe that we still stick to the same canard even in this age and time.