American capitalists, enthralled by the doctrines of finance, have put their income statements in service of the balance sheet.
Sentiment: POSITIVE
Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements.
Our balance sheet provides us with the ability to act on investment opportunities in appropriate areas that diversify and broaden our portfolio, including the gas and energy sector.
In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.
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.
We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us.
Though it is very easy to do valuations, eyeballs and brand prominence surveys, you should never allow any of them to influence the balance sheet.
When we make purchases on credit, they give us only an illusion of prosperity.
We need to have the social investments by which to quote unquote distribute some of that wealth.
We are led by lawyers who do not understand either technology or balance sheets.
The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.