Percentage Margins Are Not One Of The Things We Are Seeking To Optimize. It’s The Absolute Dollar Free Cash Flow Per Share That You Want To Maximize, And If You Can Do That By Lowering Margins, We Would Do That. So If You Could Take The Free Cash Flow, That’s Something That Investors Can Spend. Investors Can’t Spend Percentage Margins.
I Don't Know About You, But Most Of My Exchanges With Cashiers Are Not That Meaningful.
If You Look At Academic Studies, You Can See That Stock Prices Are Most Closely Correlated With Cash Flow. It's Such A Straightforward Number. Cash Flow Is What Will Drive Shareholder Returns.
We've Done Price Elasticity Studies, And The Answer Is Always That We Should Raise Prices. We Don't Do That, Because We Believe -- And We Have To Take This As An Article Of Faith -- That By Keeping Our Prices Very, Very Low, We Earn Trust With Customers Over Time, And That That Actually Does Maximize Free Cash Flow Over The Long Term.
Tyra The Businesswoman Is Very Close To - And I Hate Third Person, But You Said It, Oh, Chiiild, You Said It - But Me The Businessperson And Me The Person: Very Similar. I Can Be In A Business Meeting And Be All 'wooo!' And 'oh, Child!' And Still Be Talking Revenues And Profits And Cash Flows.
My Parents Never Had Any Money. It Was Cash Flow. It Flows, And You Got Your Fingers In It For A Little While, And It Flows Away. That's All I Know About Money. And I Don't Know, It Flows And It's A River, But You Can Never, Ever Keep It. As An Artist, I Can't Keep It. But Hey, A Man Who Dies With A Cent In The Bank Is A Foolish Man. So I Guess I'm Going Against The Conservators. I'm A Spendthrift.
Because Cheating Is Easier When We Can Justify Our Behavior, People Often Cheat In Small Amounts: We Can Come Up With An Excuse For Stealing Post-it Notes, But It Is Much More Difficult To Come Up With An Excuse For Taking $10,000 From Petty Cash.
The Senate Is The Only Show In The World Where The Cash Customers Have To Sit In The Balcony.
I'll Carry On, Carry Over, Carry Forward, Cary Grant, Cash And Carry, Carry Me Back To Old Virginia, I'll Even 'hari-kari' If You Show Me How, But I Will Not Carry A Gun!
