Free Cash Flow Works and the Capital Reinvestment Strategy
Epoch believes that a company's ability to generate free cash flow determines its value and how it allocates that free cash that determines whether the value rises or falls.
In Free Cash Flow Works we examine the first part of this statement and discuss why free cash flow matters more than earnings? Read the Paper >
In The Capital Reinvestment Strategy we cover the second part and demonstrate how companies grow their value through reinvestment. Read the Paper >