YouTube Videos
Visual Learning on Free Cash Flow Yield
Terry Smith explains: The Free Cash Flow Yield
Terry Smith, founder of Fundsmith, explains why Free Cash Flow Yield is the single most important metric for valuing a business and how he uses it to find high-quality stocks.
Bill Ackman: Free Cash Flow is All You Should Care About
William "Bill" Ackman gives his investment advice for how he buys businesses and gives the example that it is all about free cashflow.
EBITDA vs Net Income vs Free Cash Flow Explained Simply
Brian Feroldi compares three popular metrics: EBITDA, Net Income, and Free Cash Flow. Learn their strengths, weaknesses, and why FCF is often the most reliable indicator of financial health.
Free Cash Flow: Back to Basics
This presentation critiques the simplistic use of free cash flow (FCF), highlighting its varied and often manipulated definitions, and argues that while valuable for intrinsic valuation, FCF is a poor pricing metric across most sectors, emphasizing the need for nuanced analysis beyond just positive cash flow figures.
What is Free Cash Flow? (FCF) | Formula Made Simple
A clear and concise guide to Free Cash Flow. This video explains the formula, shows a real-world example, and explains why investors prioritize cash over accounting profits.




