Dangerous Time to Be an Investor – Centre Funds' CIO James Abate Interview on Bloomberg – July 12, 2016
EBITDA: Earnings before interest, taxes, depreciation and amortization. EBITDA is a profitability measure that removes the effects of financing and accounting decisions to make comparison of companies across different industries more meaningful.
S&P 500: The S&P 500 Index is the Standard & Poor's composite index of 500 stocks, a widely recognized, unmanaged index of common stock prices.
One cannot invest directly into an index.
Gross cash flow: Total amount of cash flow a firm generates from all sources.
NASDAQ: A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.
P/E ratio: Price to earnings ratio. A valuation measure that indicates how much are investors willing to pay for a dollar in the company’s earnings.
EPS: Earnings per share. The portion of a company's profit allocated to each outstanding share of common stock.
Correlation: A statistical measure that indicates the strength of a linear relationship between two variables.
The statements and opinions expressed are those of James Abate and are as of the date of this interview. All information is historical and not indicative of future results and subject to change. Reader should not assume that an investment in the securities mentioned was or would be profitable in the future. This information is not a recommendation to buy or sell. Past performance does not guarantee future results.