cfa10yrplan

Thanks, Carson

Yeah, I like ROIC.

BTW, I'm not saying I disbelieve the value of ROE ; I'm just trying to get a better intuitive feel for what it adds to the analysis vs things like ROIC and earnings yield.


And, while we're at it, what do people look at for balance sheet strength? I'd be tempted to look at 1) D/E ratios, 2) quick ratio, and 3) something like volatility of earnings divided by book equity (maybe that is pretty similar to the volatility of ROE).