Likes ReceivedWhy is cash flow important?
Wealth: Wealth is defined as "the number of days you can sustain your living expenses without working," which entirely depends on positive cash flow.
Cash flow vs. asset appreciation: Asset appreciation (such as real estate or stock price increases) may be temporary and uncontrollable, and profits are only realized after liquidation. In contrast, positive cash flow is a continuous and stable source of income that can support living expenses without the need to liquidate assets.$PDD(PDD.US)$CNOOC(00883.HK)
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