Mental Models discussed in this podcast: Generally Accepted Accounting Principles (GAAP) Owner’s Earnings Free Cash Flow Please review and rate the podcast If you enjoyed this podcast and found it helpful, please consider leaving me a rating and review. Your feedback helps me to improve the podcast and grow the show’s audience. Follow me on […]
Tax Cuts and Jobs Act of 2017, Fake Earnings, and Chuy’s Stock Performance
I was reviewing Chuy’s 2017 annual report today in order to understand Chuy’s stock performance over the last twelve months. In early August of 2017, Chuy’s stock was trading at approximately $20 per share. Yesterday, Chuy’s stock price peaked above $34 per share. This represents a gain of 70% in less than 12 months. I […]