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Re: IMF - Bentham IMF

Haha we can just battle our way through it together until McLovin, SKC or RY come along to help us.

The also didn't document revenue for many of those periods, although clearly they've been making profit and have more cash now than 5 years ago... Again, I imagine it's due to the way they structure their accounting - but beyond that I have no idea.

Regarding investment strategy, I'm much more approximate and try to find businesses I like that I think will be making more money in future than they are now - more after emulating ROE than a strict IV calculation methodology. Nothing against it at all, I just haven't had the time to educate myself enough, so gut feel, simple but good businesses (IMF, AAD, JIN back in the day, etc) which I can understand, try to avoid debt, have a good history and a nice 'story' and price and I'm normally happy enough...

<blockquote data-quote="herzy" data-source="post: 844634" data-attributes="member: 47974">Re: IMF - Bentham IMFHaha we can just battle our way through it together until McLovin, SKC or RY come along to help us. The also didn&#039;t document revenue for many of those periods, although clearly they&#039;ve been making profit and have more cash now than 5 years ago... Again, I imagine it&#039;s due to the way they structure their accounting - but beyond that I have no idea.Regarding investment strategy, I&#039;m much more approximate and try to find businesses I like that I think will be making more money in future than they are now - more after emulating ROE than a strict IV calculation methodology. Nothing against it at all, I just haven&#039;t had the time to educate myself enough, so gut feel, simple but good businesses (IMF, AAD, JIN back in the day, etc) which I can understand, try to avoid debt, have a good history and a nice &#039;story&#039; and price and I&#039;m normally happy enough...</blockquote>

[QUOTE="herzy, post: 844634, member: 47974"] [b]Re: IMF - Bentham IMF[/b] Haha we can just battle our way through it together until McLovin, SKC or RY come along to help us. The also didn't document revenue for many of those periods, although clearly they've been making profit and have more cash now than 5 years ago... Again, I imagine it's due to the way they structure their accounting - but beyond that I have no idea. Regarding investment strategy, I'm much more approximate and try to find businesses I like that I think will be making more money in future than they are now - more after emulating ROE than a strict IV calculation methodology. Nothing against it at all, I just haven't had the time to educate myself enough, so gut feel, simple but good businesses (IMF, AAD, JIN back in the day, etc) which I can understand, try to avoid debt, have a good history and a nice 'story' and price and I'm normally happy enough... [/QUOTE]

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