The longer you have to wait and the less certain you are that you'll eventually receive a set of cas
Cyclicality
Is the firm in a cyclical industry (such as commodities or automobiles) or a stable industry (such as breakfast cereal or beer)? Because the cash flows of cyclical firms are much tougher to forecast than stable firms, their level of risk increases.
Health is Wealth
Date: 2010-07-31 15:28:00
Source: The longer you have to wait and the less certain you are that you'll eventually receive a set of cas
URL: http://myinvestingnotes.blogspot.com/2010/07/longer-you-have...
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