Attention to Details – May Edition

Each month we’ll lift the lid on what WDS does behind the scenes to invest well. It is attention to such details, over the course of time that allows you to accumulate wealth and attain financial security.

GuruFocus – Why Cash Is King

This article (link) explains the free cash flow metric and why companies with strong free cash flows are attractive to value investors. A company may record growth in its earnings, but at the end of the day we need to “count the cash” to ensure the numbers make sense. This diligence allows WDS to identify high quality investments for our clients while protecting capital from red flag companies.