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Hi everyone I'm new here and am have been studying The #1 Rule very intently for the past couple months.
I see a couple problem areas with ASVI. One is that EPS growth had some pretty serious hiccups back in 1999 and 2001. The other is the cash flow growth. It is anemic at best and comes no where near the 10% growth rate required. Am I misinterpreting something here?
I do know we shouldn't be using MSN for cash flow. Phil has said this in his blog. I use Morningstar and it is accurate as it takes out capital expenditures.
I'm not being critical... please show me the error in my ways.
Chuck
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