Investing 501

Investing 501

About the Substack

Earnings are an opinion. Cash is a fact.

Free Subscription Benefits

• Follow the Cash twice a month, and quarterly Call Notes — free, always

Paid Subcription Benefits

• The monthly One-Hour Analysis, in full
• The complete archive, and comments
• Research paid for by readers only — no sponsors, no promoted companies, ever

Paid Subscription Plans

• $8 a month
• $80 a year

About Investing 501

Forty years on the buyside, spent mostly on the cash flow statement. One-hour analyses of companies Wall Street stopped covering. No recommendations, no model portfolio, no promotion.