Cash Flow Analysis Quotes

Accounting is the language of business.

Every budget I have ever prepared has been balanced.

Never take your eyes off the cash flow because it's the life blood of business.

Managing and navigating through a financial crisis is no fun at all.

Most people who get into the business are social animals by nature, but do they have the financial abilities to manage a business? A great bar owner has both.

We don't prognosticate macroeconomic factors, we're looking at our companies from a bottom-up perspective on their long-run prospects of returning.

If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.

Whether you're managing the finances for a household of one, a business of a thousand, or a government of several hundred million, there's no more important statement of fiscal intent you can make than putting together a responsible budget - one that acknowledges its available means, and makes a reasonable attempt to live within them.

When you're setting up a budget, a general rule is to start with your fixed expenses - your housing and insurance payments, and car payment, if you own one.

Bar owners tend to be social rather than operators. Most bar owners do not manage their numbers. They do not have spreadsheets or reports to manage their budget, cost, or inventory. I would say 90% of independent bar owners do not even have a budget.

We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact we were running out of gas.

I have a personal prosperity plan. I know where my money goes, and how I can spend it more fruitfully. A prosperity plan is something fluid that may alter month to month.

Investing is for wealth preservation, not wealth creation, so first you have to make wealth.

I could never have been an accountant. I got a D in math.

Just as a fisherman must watch the ebb and flow of the tides, an investor and businessperson must be keenly aware of the subtle shifts in cash flow.

I have millions of dollars, and I don't know finance. I've had some bad things happen in my career. I've got to educate myself. I sit down with my finance guy once a month and go over everything, line by line.

I understand that finance can be very complex.

A financial plan is a way to take all of the money advice you come across and figure out how it applies to your specific financial situation.

I'm a cash flow guy. If it doesn't make me money today, forget about it.

Learning how to keep track of inventory and cash flow and creating an income statement and a balance sheet are great skills to learn for managing existing businesses.

Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.

Budgeting is inherently complex.

I'm not going to run my business on the basis of quarterly numbers.

As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful. So you might be the best operator or visionary, but if you don't understand the finance side... I'm successful because I know the finance side, but I also know operations; it's not an accident.