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Top Story|Economic Times8 days ago

Quote of the day by Henry Singleton: "Our accounting is set to maximize cash flow, not reported earnings. Smoothing reported earnings just has to take a backseat"

The broader market is currently tracking earnings, global cues, and crude oil prices. This quote serves as a fundamental reminder for investors to look beyond superficial earnings reports.

Bearish+8.580%
+8.5

Impact Score

Adopt a fundamental bias; prioritize companies with strong cash flow metrics over those with only high reported earnings, especially in sectors like metals where commodity cycles can impact profitability.|Quick check: TATASTEEL bearish bias (-0.6% 1d), HINDALCO neutral (+0.7% 1d).