Why Munger Calls EBITDA 'Bullsh*t Earnings'

A founder asked me why we often use a term only a CPA could love as THE metric for deals, and why one of the great investors of our time, Charlie Munger calls that 'Bullsh*t Earnings'. Here's our view of why he's not wrong and why deal pros should keep using that measure anyway.

Signup for Kirk's Insights & Get Our Free E-Book

6 Secrets to Selling Your Business

Additional insights about selling your business…

Why Munger Calls EBITDA 'Bullsh*t Earnings'
Candor Advisors
Previous
Previous

Still TONS of Dry Powder to Buy Private Companies

Next
Next

The Finance Bros are Knocking... Should You Answer?