Deconstructing Quality, Part II
Part I of the series looked at how Burgundy assesses the quality of a business via three elements – business characteristics, financial attributes and management – and examined the specific business characteristics that help to define a quality business. Now, let’s turn our attention to the second element of quality.
Bernstein Likes The Value Factor Free Cash Flow... A Lot
Financial Attributes
There are three financial attributes that . . .
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