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#11
11-29-2007, 08:56 PM
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Re: EBITDA
Ebitda has its place, such as for leveraged buyouts. Buffett and Charlie don't do leveraged buyouts, but I am sure they've got lots of proposals based on Ebitda where that it was almost always used to mislead potential investors. You have to understand true capex for a company before you can ignore the big D.
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